Needham Reiterates Buy on Synopsys, Maintains $450 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Charles Shi reiterated a Buy rating on Synopsys (NASDAQ:SNPS) and maintained a $450 price target.
May 18, 2023 | 11:53 am
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Needham analyst Charles Shi reiterated a Buy rating on Synopsys and maintained a $450 price target.
The reiteration of the Buy rating and maintenance of the $450 price target by Needham analyst Charles Shi indicates a positive outlook for Synopsys. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100