Needham Reiterates Buy on Synopsys, Maintains $660 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi reiterated a Buy rating on Synopsys (NASDAQ:SNPS) and maintained a $660 price target.

March 22, 2024 | 11:42 am
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Needham analyst Charles Shi reaffirmed a Buy rating on Synopsys, with a steady price target of $660.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst like Charles Shi from Needham suggests a strong bullish sentiment towards Synopsys. This could positively influence investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100