Needham Reiterates Buy on Synopsys, Maintains $660 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Charles Shi has reiterated a Buy rating on Synopsys (NASDAQ:SNPS) and maintained a price target of $660.
May 23, 2024 | 10:52 am
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Needham analyst Charles Shi has reiterated a Buy rating on Synopsys and maintained a price target of $660.
The reiteration of a Buy rating and a high price target by a reputable analyst can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100