Cadence Design: System EDA And Asia-Pacific Should Lead To 25%+ Upside This Year
- Cadence Design's push into system EDA will be a very strong catalyst for the company in 2014 and beyond.
- We believe even in a worst-case scenario, shares should push to $17 this year. In the best-case, shares should push to $22.
- Asia-Pacific is a strong market that can lead to consistent growth in the mid-teens at least.