Mentor Graphics Corp (NASDAQ:MENT) has been downgraded to Neutral in a report by DA Davidson today.
- Updated: September 17, 2016
DA Davidson has downgraded Mentor Graphics Corp(NASDAQ:MENT) to Neutral in a statement released on 8/19/2016.
Previously on Friday August 19 2016, D. A. Davidson reported on Mentor Graphics Corp(NASDAQ:MENT) raised the target price from $0.00 to $24.00. At the time, this suggested an upside of 0.08%.
Boasting a price of $23.42, Mentor Graphics Corp (NASDAQ:MENT) traded 2.24% lower on the day. The last close is up 9.32% relative to the 200-day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. The company has been tracking to a 50-day average of $22.69 and 200-day moving average of $21.16. Volume of trade was was up over the average, with 1,906,767 shares of MENT changing hands over the typical 1,062,530 shares.
Recent Performance Graph:
Mentor Graphics Corp has a PE of 40 with a one-year low of $16.10 and a 52 week high of $28.09. Mentor Graphics Corp’s market cap is presently $0.0.
General Company Details For 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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