Cadence (CDNS) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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US:NASDAQ Investor Relations:
cadence.com/company/investor_relations/index.aspx?lid=investor_relations
Company Research
Source: Yahoo! Finance
Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Cadence Design Systems (CDNS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Cadence currently has an average brokerage recommendation (ABR) of 1.38, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 13 brokerage firms. An ABR of 1.38 approximates between Strong Buy and Buy. Of the 13 recommendations that derive the current ABR, 10 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 76.9% and 7.7% of all recommendations. Brokerage Recommendation Trends for CDNS Check price target & stock forecast for Cadence here While the ABR calls for buying Cadence, it may not be wise to make an investment
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CDNS
News
- Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Samsung senior adviser Young Sohn to rejoin Arm's board [Yahoo! Finance]Yahoo! Finance
- Implied Volatility Surging for Cadence Design Systems (CDNS) Stock Options [Yahoo! Finance]Yahoo! Finance
- Here's Why We Think Cadence Design Systems (NASDAQ:CDNS) Is Well Worth Watching [Yahoo! Finance]Yahoo! Finance
CDNS
Earnings
- 7/22/24 - Beat
CDNS
Sec Filings
- 9/19/24 - Form 4
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- CDNS's page on the SEC website