CADENCE DESIGN (CDNS) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of CADENCE DESIGN (CDNS) from NEUTRAL to OUTPERFORM on July 05, 2013, with a target price of $15.40.

Cadence Design Systems, Inc. provides comprehensive software and other technology and offers design and methodology services for the product development requirements of the world's leading electronics companies. Cadence licenses its leading-edge electronic design automation software and hardware technology and provides a range of services to companies throughout the world to help optimize their product development processes.

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