Analysts’ Updated EPS Estimates for November 11th (CDNS, DAL, MPWR, MRVL, NXPI, ON, QCOM, QRVO, RMBS, SNPS)

Analysts’ updated eps estimates for Monday, November 11th:

Loop Capital initiated coverage on shares of Cadence Design Systems (NASDAQ:CDNS). They issued a buy rating and a $360.00 target price on the stock.

Delta Air Lines (NYSE:DAL) had its target price raised by Jefferies Financial Group Inc. from $58.00 to $72.00. Jefferies Financial Group Inc. currently has a buy rating on the stock.

Loop Capital assumed coverage on shares of Monolithic Power Systems (NASDAQ:MPWR). Loop Capital issued a hold rating and a $660.00 target price on the stock.

Loop Capital began coverage on shares of Marvell Technology (NASDAQ:MRVL). They issued a hold rating and a $95.00 target price on the stock.

Loop Capital started coverage on shares of NXP Semiconductors (NASDAQ:NXPI). The firm issued a buy rating and a $300.00 price target on the stock.

Loop Capital assumed coverage on shares of Onsemi (NASDAQ:ON). Loop Capital issued a buy rating and a $95.00 price target on the stock.

Loop Capital initiated coverage on shares of QUALCOMM (NASDAQ:QCOM). The firm issued a hold rating and a $180.00 price target on the stock.

Loop Capital began coverage on shares of Qorvo (NASDAQ:QRVO). The firm issued a hold rating and a $73.00 target price on the stock.

Loop Capital started coverage on shares of Rambus (NASDAQ:RMBS). The firm issued a buy rating and a $70.00 target price on the stock.

Loop Capital initiated coverage on shares of Synopsys (NASDAQ:SNPS). They issued a buy rating and a $675.00 target price on the stock.

Loop Capital started coverage on shares of Skyworks Solutions (NASDAQ:SWKS). They issued a hold rating and a $90.00 target price on the stock.

Tectonic Therapeutic (NASDAQ:TECX) had its price target increased by Leerink Partners from $49.00 to $69.00. They currently have an outperform rating on the stock.