Rosenblatt Maintains Buy on Synopsys, Raises Price Target to $615
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy has maintained a Buy rating on Synopsys (NASDAQ:SNPS) and increased the price target from $570 to $615.
February 20, 2024 | 1:20 pm
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Rosenblatt analyst Blair Abernethy reaffirms a Buy rating on Synopsys and raises the price target to $615.
The increase in price target by a reputable analyst suggests a positive outlook on Synopsys's future performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100