Information Provided By: 
Fly News Breaks for May 18, 2017
CDNS, SNPS
May 18, 2017 | 07:41 EDT
Credit Suisse analyst Farhan Ahmad noted that Synopsys (SNPS) reported better than expected Q2 results and raised FY17 guidance modestly. He views the company as the fastest growing electronic design automation, or EDA, company, adding that he continues to believe it has faster growth than Cadence Design (CDNS) due to its higher exposure to faster growth intellectual property and software businesses. Ahmad raised his price target on Synopsys to $82 from $73 and keeps an Outperform rating on the shares.
News For SNPS;CDNS From the Last 2 Days
SNPS
Apr 24, 2024 | 16:32 EDT
