In a report released yesterday, Kevin Cassidy from Rosenblatt Securities maintained a Buy rating on Synaptics (SYNA – Research Report), with a price target of $220.00. The company’s shares closed last Thursday at $144.97.
According to TipRanks.com, Cassidy is a top 100 analyst with an average return of 23.8% and a 66.1% success rate. Cassidy covers the Technology sector, focusing on stocks such as Navitas Semiconductor, Smart Global Holdings, and Skyworks Solutions.
Synaptics has an analyst consensus of Moderate Buy, with a price target consensus of $196.88, a 32.0% upside from current levels. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $205.00 price target.
The company has a one-year high of $299.39 and a one-year low of $109.26. Currently, Synaptics has an average volume of 480.1K.
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Synaptics, Inc. engages in the development, marketing, and sale of human interface semiconductor solutions for electronic devices and products. It specializes in custom-designed human interface that enable people to interact with mobile computing, communications, entertainment, and other electronic devices. It operates through the following geographical segments: China, Japan, United States, South Korea, Taiwan, and Other. The company was founded by Federico Faggin and Carver A. Mead in March 1986 and is headquartered in San Jose, CA.
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