JP Morgan Maintains Overweight on Synopsys, Raises Price Target to $500
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jackson Ader maintains an Overweight rating on Synopsys (NASDAQ:SNPS) and raises the price target from $470 to $500.
August 17, 2023 | 2:43 pm
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JP Morgan maintains an Overweight rating on Synopsys and raises the price target from $470 to $500, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for Synopsys. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100