Mon, October 24, 2022

Blair Abernethy Maintained (CDNS) at Strong Buy with Decreased Target to $175 on, Oct 24th, 2022

Blair Abernethy of Rosenblatt, Maintained "Cadence Design Systems, Inc." (CDNS) at Strong Buy with Decreased Target from $185 to $175 on, Oct 24th, 2022.

Blair has made no other calls on CDNS in the last 4 months.



There are 5 other peers that have a rating on CDNS. Out of the 5 peers that are also analyzing CDNS, 2 agree with Blair's Rating of Hold. Following are those relevant analyst calls for the last 4 months


  • Ruben Roy of "Stifel" Initiated at Hold and Held Target at $200 on, Thursday, September 8th, 2022
  • Vivek Arya of "B of A Securities" Upgraded from Sell to Hold and Increased Target to $175 on, Wednesday, June 29th, 2022


These are the ratings of the 3 analyists that currently disagree with Blair


  • Johannes Schaller of "Deutsche Bank" Initiated at Strong Buy and Held Target at $200 on, Thursday, September 29th, 2022
  • Gal Munda of "Wolfe Research" Initiated at Buy and Held Target at $210 on, Wednesday, August 17th, 2022
  • Charles Shi of "Needham" Maintained at Strong Buy with Increased Target to $200 on, Tuesday, July 26th, 2022