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Bullish Case: Continued demand in AI and system design, strong quarterly earnings, and sustained revenue growth paint a robust growth narrative.


Bearish Case: High PE ratio suggests overvaluation, and insider selling trends hint at potential downside correction.


Potential Outcomes: 60% chance of growth on sustained demand, 30% probability of correction from overvaluation, 10% risk of impact from industry headwinds.


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April 09, 2024


Cadence Design Systems Forecast

CDNS        Cadence Design Systems
Price Forecast: BULLISH    Price Action: RANDOM (?)











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