Cadence Design Systems (NASDAQ:CDNS) Posts Earnings Results, Beats Estimates By $0.08 EPS

Cadence Design Systems (NASDAQ:CDNS) Price Target Raised to $350.00

Cadence Design Systems (NASDAQ:CDNS – Free Report) had its price target upped by Bank of America from $320.00 to $350.00 in a research report sent to investors on Tuesday,Benzinga reports. They currently have a buy rating on the software maker’s stock. A number of other research analysts have also commented on CDNS. Mizuho upped their […]

Cadence Design Systems (NASDAQ:CDNS) Posts Earnings Results, Beats Estimates By $0.08 EPS

Cadence Design Systems (NASDAQ:CDNS – Get Free Report) issued its quarterly earnings results on Monday. The software maker reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.08, RTT News reports. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.24 billion. Cadence […]

California State Teachers Retirement System Cuts Stake in Cadence Design Systems, Inc. (NASDAQ:CDNS)

California State Teachers Retirement System lowered its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 0.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 430,797 shares of the software maker’s stock after selling 2,753 shares during the quarter. California State Teachers Retirement System’s holdings in Cadence Design Systems were […]

Cadence Design Systems (NASDAQ:CDNS) Trading 3.5% Higher on Earnings Beat

Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Free Report)’s share price traded up 3.5% during trading on Tuesday after the company announced better than expected quarterly earnings. The company traded as high as $298.93 and last traded at $295.84. 449,095 shares traded hands during trading, a decline of 77% from the average session volume of […]