Needham Reiterates Buy on Synopsys, Maintains $640 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 $640.
August 22, 2024 | 10:55 am
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Needham analyst Charles Shi has reiterated a Buy rating on Synopsys and maintained a price target of $640, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $640 price target by Needham suggests a positive outlook for Synopsys. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100