Sep. 9 at 12:49 AM
$SNPS
Oh wait this is all cadence not synopsys:
reiterated Buy at
$432 on Aug. 28, and BofA reiterated Buy at
$420 on Aug. 19, both well after the Q2 report.
BofA’s recent thesis specifically cited agentic AI and EDA strength as reasons to maintain its Buy rating and
$420 target. Morgan Stanley likewise raised its target from
$370 to
$400 after the latest beat-and-raise, citing durable EDA/IP momentum, agentic AI, and the expanded Intel 14A engagement.