tiprankstipranks
In this article:
Blurbs

Susquehanna Reiterates a Buy Rating on Synaptics (SYNA)

In this article:
In this article:

Susquehanna analyst Christopher Rolland reiterated a Buy rating on Synaptics (SYNAResearch Report) on March 7 and set a price target of $320.00. The company’s shares closed last Tuesday at $216.41.

According to TipRanks.com, Rolland is a top 25 analyst with an average return of 25.9% and a 74.3% success rate. Rolland covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and NXP Semiconductors.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Synaptics with a $292.14 average price target, representing a 42.4% upside. In a report issued on February 23, Needham also maintained a Buy rating on the stock with a $340.00 price target.

See the top stocks recommended by analysts >>

Based on Synaptics’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $421 million and net profit of $69.5 million. In comparison, last year the company earned revenue of $358 million and had a net profit of $49.6 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on SYNA:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed

In this article:

Latest News Feed