Mizuho lowered the firm’s price target on Ansys (ANSS) to $330 from $350 and keeps a Neutral rating on the shares. Synopsys (SNPS) announced its intent to acquire Ansys in a deal that values the company at $370 per share based on the current market price of Synopsys, the analyst tells investors in a research note. The price fell short of the $400 per share offer that had been expected, says the firm.
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