Wells Fargo Maintains Overweight on Synopsys, Raises Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley maintains an Overweight rating on Synopsys (NASDAQ:SNPS) and raises the price target from $410 to $420.
May 18, 2023 | 12:26 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Synopsys and raises the price target from $410 to $420.
The news of Wells Fargo maintaining an Overweight rating on Synopsys and raising the price target from $410 to $420 indicates a positive outlook for the company. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100