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Enter Symbol:
Rating: MENT

Mentor Graphics Corporation (NASDAQ: MENT) downgraded to Hold by Needham

Monday,  Nov 23, 2015  8:25 AM ET by Lynn Gilbert

Needham downgraded Mentor Graphics Corporation (NASDAQ: MENT) to Hold. Previously, Needham
rated Mentor Graphics Corporation (NASDAQ: MENT) to Buy with price target $30 on 05/26/2015, when the stock price was valued at $25.64.

MENTOR GRAPHICS CORP. designs, manufactures, markets and supports electronic design automation (EDA) software for the integrated circuit and systems design markets. The company provides a broad range of EDA tools developed either by the Company or together with third parties to support the entire electronic design process. The Company's software products enable engineers and designers to design, analyze, place and route, and test custom (ASICs), printed circuit boards, multichip modules and other electronic systems and subsystems.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.

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