$CDNS: BofA Global Research downgrades; history shows small typical moves
How CDNS has reacted before
| Report | Next-day move |
|---|---|
| Jul 28, 2026 | -0.5% |
| Jul 15, 2026 | -0.5% |
| Jul 14, 2026 | -0.5% |
| Jun 09, 2026 | -0.8% |
| May 27, 2026 | -2.0% |
| Dec 01, 2025 | -0.7% |
| Nov 24, 2025 | +1.3% |
| Jul 30, 2025 | +1.3% |
Median absolute move 0.8% · higher 2 of 8 · n=8
The call
- Firm: bofaglobalresearch
- Action: Downgrades
- Price target: 420.00
How $CDNS moves around analyst actions
| Date | Session move |
|---|---|
| Jul 28, 2026 | -0.5% |
| Jul 15, 2026 | -0.5% |
| Jul 14, 2026 | -0.5% |
| Jun 09, 2026 | -0.8% |
| May 27, 2026 | -2.0% |
| Dec 01, 2025 | -0.7% |
| Nov 24, 2025 | +1.3% |
| Jul 30, 2025 | +1.3% |
Base rates (n=8):
- Median absolute move: 0.8%
- Higher: 2 of 8
- Biggest up: +1.3%
- Biggest down: -2.0%