Synaptics (SYNA) has disclosed a new risk, in the Economy & Political Environment category.
Synaptics faces significant risk from the volatile situation in Israel, where it employs a number of staff. The recent escalation of hostilities, marked by Hamas terrorist attacks and subsequent warfare, led to temporary office closures and could provoke further operational disruptions. Compounding this, mandatory military service for Israeli employees threatens to deplete critical human resources. Despite governmental compensation for terror-related damages and the company’s continuity strategies, the ongoing conflict presents a material adverse impact on Synaptics’ operational and financial stability.
Overall, Wall Street has a Moderate Buy consensus rating on SYNA stock based on 7 Buys, 1 Sell and 3 Holds.
To learn more about Synaptics’ risk factors, click here.
