Baird Maintains Outperform on Synopsys, Raises Price Target to $663
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joe Vruwink maintains an Outperform rating on Synopsys (NASDAQ:SNPS) and raises the price target from $661 to $663.
August 22, 2024 | 11:43 am
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Baird analyst Joe Vruwink has maintained an Outperform rating on Synopsys and slightly increased the price target from $661 to $663, indicating a positive outlook.
The maintenance of an Outperform rating and a slight increase in the price target by a reputable analyst suggests a positive sentiment towards Synopsys, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100