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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, do they really matter?
Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cadence Design Systems (CDNS) reachead $324.52 at the closing of the latest trading day, reflecting a +0.94% change compared to its last close.
CDNS is set to acquire Secure-IC to bolster its portfolio of silicon-proven IP solutions and fuel industry-wide innovation.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Cadence--MediaTek adopted the AI-driven Cadence Virtuoso Studio and Spectre X Simulator on the NVIDIA accelerated computing platform for its 2nm development.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced it has entered into a definitive agreement to acquire Secure-IC, a leading embedded security IP platform provider.
The latest trading day saw Cadence Design Systems (CDNS) settling at $298.90, representing a -0.61% change from its previous close.
Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Onto Innovation -2.615 (-1.36%) TSMC +1.25 (+0.60%) Cadence Design -3.68 (-1.22%)
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, do they really matter?