New Buy Rating for Cadence Design (CDNS), the Technology Giant
Simpson covers the Technology sector, focusing on stocks such as Cadence Design, Synopsys, and ASML Holding NV. According to TipRanks, Simpson has an average return of 4.7% and a 57.33% success rate on recommended stocks. Cadence Design has an analyst consensus of Strong Buy, with a price target consensus of $374.17, representing a 5.89% upside. In a report released on October 2, Exane BNP Paribas also initiated coverage with a Buy rating on the stock with a $400.00 price target.
Simpson covers the Technology sector, focusing on stocks such as Cadence Design, Synopsys, and ASML Holding NV. According to TipRanks, Simpson has an average return of 4.7% and a 57.33% success rate on recommended stocks.
Cadence Design has an analyst consensus of Strong Buy, with a price target consensus of $374.17, representing a 5.89% upside. In a report released on October 2, Exane BNP Paribas also initiated coverage with a Buy rating on the stock with a $400.00 price target.
