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Zacks Investment Research downgraded Synaptics, Incorporated (NASDAQ:SYNA) to Hold in a report released today.

Yesterday Synaptics, Incorporated (NASDAQ:SYNA) traded 6.40% higher at $58.53. Synaptics, Incorporated’s 50-day moving average is $57.08 and its 200-day moving average is $63.34. The last stock price is down -7.52% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 848,269 shares of SYNA traded hands, up from an average trading volume of 658,867

Zacks Investment Research has downgraded Synaptics, Incorporated (NASDAQ:SYNA) to Hold in a report released on 9/28/2016.

Previously on 09/07/2016, Zacks Investment Research reported on Synaptics, Incorporated (NASDAQ:SYNA) increased the target price from $0.00 to $65.00. At the time, this indicated a possible upside of 0.11%.

See Chart Below

Synaptics, Incorporated (NASDAQ:SYNA)

Synaptics, Incorporated has a 52 week low of $47.09 and a one year high of $94.48 with a price-earnings ratio of 30.67 SYNA’s total market value is presently $0.

A total of 11 brokerages have issued a ratings update on Synaptics, Incorporated. Two brokerages rating the company a strong buy, eight brokerages rating the company a buy, eight 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 $73.45.

More About Synaptics, Incorporated (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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