Stocks and Investing Stocks and Investing
Mon, January 27, 2025
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Matthew Smith Maintained (SJM) at Hold with Decreased Target to $120 on, Jan 24th, 2025
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Arvind Ramnani Maintained (PYPL) at Neutral with Increased Target to $93 on, Jan 24th, 2025
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Sherif El-Sabbahy Initiated (PWR) at Buy and Held Target at $407 on, Jan 24th, 2025
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Matthew Boss Downgraded (PVH) to Neutral and Decreased Target to $113 on, Jan 24th, 2025
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Gary Tenner Maintained (PPBI) at Buy with Decreased Target to $30 on, Jan 24th, 2025
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Nathan Jones Maintained (PNR) at Buy with Decreased Target to $125 on, Jan 24th, 2025
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Nathan Jones Maintained (PH) at Hold with Decreased Target to $689 on, Jan 24th, 2025
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Andrea Teixeira Maintained (PEP) at Neutral with Decreased Target to $165 on, Jan 24th, 2025
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Steve Barger Upgraded (OSK) to Overweight and Held Target at $113 on, Jan 24th, 2025
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Christopher Glynn Maintained (OSIS) at Outperform with Increased Target to $225 on, Jan 24th, 2025
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Steven Forbes Maintained (ORLY) at Buy on, Jan 24th, 2025
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David Smith Maintained (NTRS) at Hold with Increased Target to $116 on, Jan 24th, 2025
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David Konrad Maintained (NTRS) at Market with Increased Target to $122 on, Jan 24th, 2025
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John Difucci Reiterated (MSFT) at Neutral on, Jan 24th, 2025
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Matthew Smith Maintained (MDLZ) at Buy with Decreased Target to $70 on, Jan 24th, 2025
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Short squeeze is starting in shares of CPHC at $2 .. 9, after crossing above the $20.753 Trigger Price
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Short squeeze is starting in shares of CINT at $6 .. 96, after crossing above the $6.944 Trigger Price
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Short squeeze is starting in shares of LEVI at $1 .. 8, after crossing above the $17.791 Trigger Price
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Short squeeze is starting in shares of VIV at $8.81, after crossing above the $8.809 Trigger Price
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Short squeeze is starting in shares of POOL at $3 .. , after crossing above the $360.886 Trigger Price
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Short squeeze is starting in shares of MDT at $92 .. 7, after crossing above the $91.743 Trigger Price
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Short squeeze is starting in shares of RAIN at $4 .. 05, after crossing above the $3.987 Trigger Price
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Short squeeze is starting in shares of CLX at $16 .. , after crossing above the $163.495 Trigger Price
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Short squeeze is starting in shares of BMY at $60 .. 3, after crossing above the $60.721 Trigger Price
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Short squeeze is starting in shares of BCRX at $7 .. 35, after crossing above the $7.885 Trigger Price
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Short squeeze is starting in shares of FIHL at $1 .. 6, after crossing above the $16.764 Trigger Price
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Power Providers Drop With Big Tech on DeepSeek AI Worry
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Short squeeze is starting in shares of TSYHF at $ .. 58, after crossing above the $1.572 Trigger Price
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Short squeeze is starting in shares of NBRI at $0 .. 01, after crossing above the $0.001 Trigger Price
[ Last Monday ] - MSN
Is It Worth Investing in Cadence (CDNS) Based on Wall Street's Bullish Views?

Is It Worth Investing in Cadence (CDNS) Based on Wall Street's Bullish Views?


Published on 2025-01-27 11:41:09 - MSN
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  • Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price,

The article discusses whether it is worth investing in Cadence Design Systems, Inc. (CDNS) based on Wall Street's bullish outlook. Cadence, a key player in electronic design automation software, has seen its stock price increase by 1.5% over the past week and 12.5% over the last three months, with a current price of $310.80. Analysts have given CDNS a strong Buy consensus with an average rating of 1.80, and the stock has a forecasted potential upside of 1.7%. The article highlights Cadence's robust financial performance, including a 19% revenue growth in Q1 2024 and a 10% increase in adjusted EPS. Despite its high valuation with a forward P/E ratio of 55.6, the company's consistent earnings growth, strategic acquisitions, and expansion into new markets like AI and 5G technology support the bullish sentiment. However, potential investors should consider the stock's volatility and the broader market conditions before making investment decisions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/is-it-worth-investing-in-cadence-cdns-based-on-wall-street-s-bullish-views/ar-AA1xWKzy ]
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