Analyst Ratings for Synopsys
Portfolio Pulse from Benzinga Insights
Synopsys (NASDAQ:SNPS) has received 10 analyst ratings in the last quarter, all of which are bullish to some extent. The average price target is $501.1, indicating an upside from the current price of $467.5999. This average has increased by 6.58% from the previous average price target of $470.17.
September 29, 2023 | 1:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Synopsys has received all bullish analyst ratings in the last quarter, indicating a positive outlook for the stock. The average price target suggests an upside potential.
Analyst ratings are a significant factor that investors consider when making investment decisions. In the case of Synopsys, all the analyst ratings in the last quarter have been bullish, which indicates a positive sentiment towards the stock. Furthermore, the average price target is higher than the current price, suggesting an upside potential. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100