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Cadence Design Systems, Inc. (NASDAQ:CDNS) Given Consensus Rating of "Moderate Buy" by Brokerages
Cadence Design Systems (NASDAQ:CDNS) has received a consensus “Moderate Buy” rating from eighteen brokerages, with an average 12-month price target of $376.50. Several analysts have recently reiterated buy ratings and provided price targets ranging from $360.00 to $395.00. The article also details recent insider stock sales and institutional investor activity, alongside the company’s financial performance and Q1 and FY 2026 guidance.