TD Cowen Maintains Buy on Synaptics, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Krish Sankar maintains a Buy rating on Synaptics (NASDAQ:SYNA) but lowers the price target from $115 to $90.
August 09, 2024 | 6:10 pm
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NEUTRAL IMPACT
TD Cowen analyst Krish Sankar maintains a Buy rating on Synaptics but lowers the price target from $115 to $90.
The maintained Buy rating suggests continued confidence in Synaptics' long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100