Wells Fargo Maintains Overweight on Synopsys, Raises Price Target to $505
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley maintains an Overweight rating on Synopsys (NASDAQ:SNPS) and raises the price target from $420 to $505.
June 05, 2023 | 12:01 pm
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Wells Fargo maintains an Overweight rating on Synopsys and raises the price target from $420 to $505.
The news of Wells Fargo maintaining an Overweight rating on Synopsys and raising the price target from $420 to $505 indicates a positive outlook for the company's stock. This could lead to an increase in demand for the stock and potentially drive the stock price higher in the short term.
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IMPORTANCE 80
RELEVANCE 100