Navigating 7 Analyst Ratings For Synopsys
Portfolio Pulse from Benzinga Insights
In the past three months, 7 analysts have evaluated Synopsys (NASDAQ:SNPS), with a majority showing a bullish outlook. The average 12-month price target has increased to $657.86. Synopsys is benefiting from industry trends and has shown strong financial health with a 12.65% revenue growth rate, a net margin of 26.74%, and a low debt-to-equity ratio of 0.09.
October 15, 2024 | 2:00 pm
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Synopsys has received predominantly bullish analyst ratings, with an increased average price target of $657.86. The company's strong financial performance, including a 12.65% revenue growth rate and a net margin of 26.74%, supports a positive outlook.
The majority of analysts have a bullish outlook on Synopsys, with an increased average price target. The company's strong financial metrics, such as revenue growth and net margin, further support a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100