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Fly News Breaks for May 14, 2019
CDNS
May 14, 2019 | 16:23 EDT
Wells Fargo analyst Gary Mobley started Cadence Design Systems with a Market Perform rating and $68 price target. While the analyst likes the company's long-term prospects, he's deterred by the current valuation with the shares within 10% of an all-time high.
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