Cadence Design Systems (CDNS) Stock: Analyst Targets, AI Tailwinds, and What to Watch Before Monday’s Open
Cadence Design Systems closed Friday at $318.89, up 0.34%, with after-hours trading little changed. Institutional filings showed Pacer Advisors and Nvwm LLC sharply increased stakes in Q3. The stock remains below its 50- and 200-day moving averages. Analyst consensus rates CDNS a “Moderate Buy,” with a $379.11 average price target.