Where Synopsys Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Synopsys (NASDAQ:SNPS) in the latest quarter, with a total of 8 ratings: 4 bullish and 4 somewhat bullish. The average 12-month price target has increased to $648.38, reflecting a positive shift. Synopsys has shown strong financial performance with impressive revenue growth, net margin, ROE, and ROA, and maintains a conservative debt management approach.
May 23, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Synopsys has received mixed analyst ratings with a positive shift in the average 12-month price target to $648.38. The company has demonstrated strong financial performance with significant revenue growth, high net margin, and effective debt management.
The mixed analyst ratings, with a positive shift in the average price target, indicate a generally optimistic outlook for Synopsys. The company's strong financial performance, including impressive revenue growth, high net margin, and effective debt management, further supports a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100