Susquehanna raised the firm’s price target on Synaptics to $130 from $125 and keeps a Positive rating on the shares. The firm previewed the upcoming earnings cycle which they expect broad-based headwinds, although uneven as different markets/companies are at different sections of the downcycle.The firm selectively changed its estimates and price targets on names in their coverage universe.
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Read More on SYNA:
- Synaptics to Report Second Quarter Fiscal 2024 Results on February 8, 2024
- Synaptics price target raised to $125 from $115 at Susquehanna
- Synaptics to Participate at Upcoming Investor Conference Thursday, January 18, 2024
- Synaptics price target raised to $127 from $110 at Mizuho
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