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Blair Abernethy Downgraded (CDNS) to Hold and Increased Target to $280 on, Feb 13th, 2024


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Blair Abernethy of Rosenblatt, Downgraded "Cadence Design Systems, Inc." (CDNS) to Hold and Increased Target from $265 to $280 on, Feb 13th, 2024.

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



There are 2 other peers that have a rating on CDNS. Out of the 2 peers that are also analyzing CDNS, 1 agrees with Blair's Rating of Hold. Following is the relevant analyst calls for the last 4 months


  • Lee Simpson of "Morgan Stanley" Initiated at Hold and Held Target at $260 on, Friday, November 10th, 2023


This is the rating of the analyst that currently disagrees with Blair


  • Gary Mobley of "Wells Fargo" Maintained at Buy with Increased Target to $330 on, Tuesday, February 6th, 2024

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