Recently stock market analysts have updated their consensus ratings on shares of Cadence Design Systems, Inc. (NASDAQ:CDNS). The latest broker reports which are currently outstanding on Monday 9th of May state 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings

04/26/2016 – Cadence Design Systems, Inc. had its “buy” rating reiterated by analysts at Topeka Capital Markets. They now have a USD 27 price target on the stock.

04/06/2016 – Cadence Design Systems, Inc. was downgraded to “neutral” by analysts at D.A. Davidson. They now have a USD 25 price target on the stock.

02/04/2016 – Cadence Design Systems, Inc. had its “neutral” rating reiterated by analysts at JP Morgan. They now have a USD 22 price target on the stock.

01/19/2016 – Cadence Design Systems, Inc. had its “outperform” rating reiterated by analysts at Northland Securities. They now have a USD 27.5 price target on the stock.

10/27/2015 – Cadence Design Systems, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 25 price target on the stock.

10/27/2015 – Cadence Design Systems, Inc. had its “buy” rating reiterated by analysts at Needham & Company. They now have a USD 24 price target on the stock.

10/27/2015 – Cadence Design Systems, Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 26 price target on the stock.

10/08/2015 – Benchmark began new coverage on Cadence Design Systems, Inc. giving the company a “hold” rating. They now have a USD 22 price target on the stock.

07/28/2015 – Cadence Design Systems, Inc. had its “buy” rating reiterated by analysts at Summit Research. They now have a USD 30 price target on the stock.

05/03/2015 – Cadence Design Systems, Inc. was upgraded to “buy” by analysts at Zacks. They now have a USD 21 price target on the stock.

10/22/2014 – Cadence Design Systems, Inc. had its “outperform” rating reiterated by analysts at Pacific Crest. They now have a USD 19 price target on the stock.

02/28/2014 – Cadence Design Systems, Inc. was upgraded to “buy” by analysts at Jefferson Research.

Cadence Design Systems, Inc. has a 50 day moving average of 23.36 and a 200 day moving average of 21.73. The stock’s market capitalization is 7.13B, it has a 52-week low of 18.13 and a 52-week high of 23.89.

The share price of the company (NASDAQ:CDNS) was up +1.26%, with a high of 23.44during the day and the volume of Cadence Design Systems, Inc. shares traded was 2056277.

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