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Dakota Wealth Management Buys New Shares in Cadence Design Systems, Inc. $CDNS
Dakota Wealth Management recently acquired 6,281 new shares in Cadence Design Systems (NASDAQ:CDNS) valued at approximately $1,963,000 during the fourth quarter. This move is part of broader institutional interest, with other firms also increasing their stakes in the software maker. Despite recent price objective reductions from some analysts, the stock holds a “Moderate Buy” consensus rating with an average target price of $376.50.