Cadence Design, Synopsys in focus as Benchmark starts coverage (CDNS:NASDAQ)

Category: Markets

Published: 2026-07-16T12:41:00.000Z

Benchmark initiated coverage on electronic design automation firms Cadence Design Systems (CDNS) and Synopsys (SNPS). Both companies received a Buy rating, with Cadence Design receiving a $450 price target. The firms are being closely watched following this new analyst coverage.

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