Expert Ratings for Synopsys
Portfolio Pulse from Benzinga Insights
Synopsys (NASDAQ:SNPS) received 4 analyst ratings in the last quarter, with 1 bullish and 3 somewhat bullish. No indifferent, somewhat bearish, or bearish ratings were given. The average 12-month price target for SNPS is $572.75, with a high of $600 and a low of $540. This target has increased by 8.58% from the previous target of $527.50. Analyst ratings are specialized advice that may be subject to error and are updated quarterly.
November 27, 2023 | 4:00 pm
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Synopsys has received positive analyst ratings with an increased average price target of $572.75, suggesting a bullish outlook from analysts.
The positive analyst ratings and the increase in the average price target for Synopsys indicate a bullish sentiment among analysts, which could lead to a short-term positive impact on SNPS's stock price. The lack of bearish or even neutral ratings reinforces the positive outlook. However, as the article suggests, analyst ratings are subject to error and should be considered as part of a broader investment strategy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100