Needham Reiterates Buy on Synopsys, Maintains $500 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Charles Shi has reiterated a 'Buy' rating on Synopsys (NASDAQ:SNPS) and maintained a price target of $500.
August 17, 2023 | 11:26 am
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Needham analyst Charles Shi has reiterated a 'Buy' rating on Synopsys and maintained a price target of $500.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $500 price target indicates a positive outlook for Synopsys. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100