Analyst Ratings For Synopsys
Portfolio Pulse from Benzinga Insights
Analyst ratings for Synopsys (NASDAQ:SNPS) show a predominantly bullish sentiment with 9 analysts providing ratings over the past three months. The average 12-month price target has increased to $655.0, indicating a positive outlook. Synopsys is a leader in electronic design automation software, with strong financial metrics including a high net margin and low debt-to-equity ratio.
October 22, 2024 | 12:00 pm
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POSITIVE IMPACT
Synopsys has received predominantly bullish ratings from analysts, with an average price target of $655.0, reflecting a positive outlook. The company's strong financial performance, including a high net margin and low debt-to-equity ratio, supports this sentiment.
The majority of analysts have rated Synopsys as bullish or somewhat bullish, with no bearish ratings. The average price target has increased, indicating confidence in the company's future performance. Synopsys's strong financial metrics, such as a high net margin and low debt-to-equity ratio, further support the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100