Mizuho Initiates Coverage On Synopsys with Outperform Rating, Announces Price Target of $650
Portfolio Pulse from Benzinga Newsdesk
Mizuho has initiated coverage on Synopsys with an Outperform rating and set a price target of $650.
October 22, 2024 | 9:29 am
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POSITIVE IMPACT
Mizuho has initiated coverage on Synopsys with an Outperform rating and a price target of $650, indicating a positive outlook for the stock.
The initiation of coverage with an Outperform rating and a high price target suggests that Mizuho expects Synopsys to perform well in the market. This positive analyst rating is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100