Mizuho Maintains Buy on Synaptics, Lowers Price Target to $115
Portfolio Pulse from jenniferd'souza@benzinga.com
Mizuho analyst Vijay Rakesh has maintained a 'Buy' rating on Synaptics (NASDAQ:SYNA) but lowered the price target from $130 to $115.
August 04, 2023 | 3:27 pm
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Mizuho has maintained a 'Buy' rating on Synaptics but lowered the price target from $130 to $115.
The news is directly about Synaptics and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target may indicate a potential decrease in the expected future value of the stock, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100