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Fly News Breaks for February 13, 2020
SNPS, CDNS
Feb 13, 2020 | 06:59 EDT
Benchmark analyst Ruben Roy assumed coverage of Cadence Design with a Buy rating and $90 price target. He believes both Cadence and Electronic Design Automation competitor Synopsys (SNPS) are well positioned to benefit from the increasing complexity of semiconductor designs, Roy tells investors.