Needham Maintains Buy on Synaptics, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on Synaptics (NASDAQ:SYNA) but lowers the price target from $110 to $95.

August 09, 2024 | 11:48 am
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Needham analyst Quinn Bolton maintains a Buy rating on Synaptics but lowers the price target from $110 to $95.
The Buy rating suggests continued confidence in Synaptics' long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100