Mentor Graphics (MENT) in Focus: Stock Moves 6% Higher
Mentor Graphics Corp. MENT was a big mover last session, as the company saw its shares rise 6% on the day. The upside was driven by the company’s announcement of better-than-expected second-quarter fiscal 2017 results (after the market closed on Aug 18). This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $21.04 to $22.16 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Mentor Graphics currently holds a Zacks Rank #3 (Hold).
MENTOR GRAPHICS Price
MENTOR GRAPHICS Price | MENTOR GRAPHICS Quote
A better-ranked Computer-Integrated Systems stock is Diebold, Incorporated DBD, which holds a Zacks Rank #2 (Buy).
Is MENT going up? Or down? Predict to see what others think: Up or Down
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MENTOR GRAPHICS (MENT): Free Stock Analysis Report
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