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A statement released earlier today by Mizuho Securities about Synaptics (NASDAQ:SYNA) bumps the target price to $74.00

Just yesterday Synaptics (NASDAQ:SYNA) traded 0.49% higher at $65.76. Synaptics’s 50-day moving average is $59.09 and its 200-day moving average is $62.38. The last closing price is up 5.42% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 413,916 shares of SYNA traded hands, down from an average trading volume of 631,323

Stating a potential upside of 0.13%, Mizuho Securities upped the price target of Synaptics (NASDAQ:SYNA) to $74.00

Recent Performance Chart

Synaptics (NASDAQ:SYNA)

Synaptics has 52 week low of $47.09 and a 52 week high of $94.48 with a PE ratio of 34.43 and has a market capitalization of $0.

In addition to Mizuho Securities reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is $73.45 with 2 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 8 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Synaptics (NASDAQ:SYNA)

Synaptics Incorporated is engaged in the development, marketing and sale of intuitive human interface solutions for electronic devices and products. The Company is a developer and supplier of custom-designed human interface product solutions that enable people to interact with a range of mobile computing, communications, entertainment and other electronic devices. Its products include ClearPad, ClearView, TouchView, Natural ID, TouchPad, SecurePad, ClickPad and ForcePad. Its other product solutions include dual pointing solutions, TouchStyk, and TouchButtons. Its dual pointing solutions offer TouchPad with a pointing stick in a single notebook computer, enabling users to select their interface of choice. TouchStyk is a self-contained pointing stick module that uses capacitive technology similar to that used in its TouchPad. TouchButtons provide capacitive buttons and scrolling controls for an interface solution designed to replace mechanical buttons.

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