KeyBanc raised the firm’s price target on Synaptics to $135 from $125 and keeps an Overweight rating on the shares. Synaptics posted solid Q2 results and Q3 was guided slightly lower as Enterprise continues to see weak demand and undergo inventory destocking, the analyst tells investors in a research note.
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Read More on SYNA:
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- Synaptics price target raised to $125 from $115 at Susquehanna
