Bridgewater Advisors Inc. has invested $280,000 in Cadence Design Systems (CDNS). Despite improvement in market conditions, CDNS's stock has declined.
Goldman Sachs has initiated coverage of CDNS and projects high potential for the stock.
AustralianSuper Pty Ltd and
Stephens Inc. AR decreased their shareholdings. The U.S. has lifted export restrictions on CDNS, paving the way for increased business opportunities. A price lift of $370.00 is predicted by
Loop Capital. CDNS has showcased strong fundamentals leading to a considerable increase in its stock rating. Major positions in CDNS have been undertaken by
Oversea Chinese Banking Corp Ltd and
Segall Bryant & Hamill LLC. CDNS has revealed an industry-first LPDDR6/5X Memory IP for AI and HPC, emphasizing its innovative capabilities.
Wealthfront Advisers LLC and
Alps Advisors Inc. increased their investments in CDNS. The partnership of CDNS with NVIDIA is said to add a boost to its market performance. The company is deemed to have sturdy financial prospects regardless of a recent 9.1% stock pullback. CDNS's relationship with NVIDIA provides significant benefits establishing a strong case for CDNS's bullish performance.
Cadence Design Systems CDNS News Analytics from Mon, 30 Dec 2024 08:00:00 GMT to Sat, 19 Jul 2025 22:02:31 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -3
