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DA Davidson announced Mentor Graphics Corp (NASDAQ:MENT), bumping up its stock price target to $24.00 today

Showing a price of $23.42, Mentor Graphics Corp (NASDAQ:MENT) traded 2.24% lower on the day. The last stock price is up 9.32% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. Mentor Graphics Corp has logged a 50-day average of $22.69 and two hundred day moving average of $21.16. 1,906,767 shares of the stock were exchanged, up from ann average volume of 1,062,530

Mentor Graphics Corp (NASDAQ:MENT) had its price target bumped up to $24 by DA Davidson in an issued report released 8/18/2016. The increased target price suggests a potential upside of 0.02% from the company’s last closing price.

Previously on Friday August 19 2016, D. A. Davidson released a statement about Mentor Graphics Corp(NASDAQ:MENT) bumped the target price from $0.00 to $24.00 that indicated a possible upside of 0.08%.

Recent Performance Chart:

Mentor Graphics Corp (NASDAQ:MENT)

Mentor Graphics Corp has a one-year low of $16.10 and a one-year high of $28.09 with a price-earnings ratio of 40. MENT’s market capitalization is presently $0.0.

More About Mentor Graphics Corp (NASDAQ:MENT)

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools, which include computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components. The Company markets its products and services across the world, mainly to companies in the communications, computer, consumer electronics, semiconductor, networking, military and aerospace, multimedia and transportation industries. The electronic components and systems that the Company’s customers create with its products include integrated circuits (ICs), printed circuit boards (PCBs), field programmable gate arrays (FPGAs), embedded software solutions and wire harness systems. It offers over five categories of similar products and services: Scalable Verification, IC Design to Silicon, Integrated System Design, New and Emerging Products, and and Services and Other.

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