Credit Suisse disclosed Synopsys (NASDAQ:SNPS), hiking its price target to $68.00 earlier today
- Updated: October 19, 2016
Reporting a potential upside of 0.14%, Credit Suisse upped the price target of Synopsys (NASDAQ:SNPS) to $68.00
On 10/18/2016, Zacks Investment Research released a statement on Synopsys (NASDAQ:SNPS) upped the target price from $0.00 to $69.00 that suggested an upside of 0.15%.
Having a price of $59.62, Synopsys (NASDAQ:SNPS) traded 0.36% higher on the day. With the last close up 10.84% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SNPS has recorded a 50-day average of $59.23 and a two hundred day average of $53.99. Trade Volume was down over the average, with 339,062 shares of SNPS changing hands under the typical 793,438
Recent Performance Chart
Synopsys has PE ratio of 38.16 with a one year low of $39.26 and a one year high of $61.36 and has a market capitalization of $0.
A total of 6 analysts have released a report on Synopsys. Three analysts rating the company a strong buy, two analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $54.67.
General Company Details For Synopsys (NASDAQ:SNPS)
Synopsys, Inc. provides software, intellectual property (IP) and services. The Company supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits, also known as chips. It also offers IP products, which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. It provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. It provides technical services to support its solutions and help its customers develop chips and electronic systems. It is also a provider of software tools that developers use to develop software code in a range of industries, including electronics, financial services, energy, and industrials. It offers products and services in four categories: core EDA; IP, Systems and Software Integrity; Manufacturing Solutions, and Professional Services and Other.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.