- Needham raises its Synopsys (NASDAQ:SNPS) price target from $83 to $100 and maintains a Buy rating.
- Firm cites Q4 upside and momentum heading into FY18 that should lead to expectation beats.
- Tailwinds include strengths in IP and hardware businesses and growing Software Integrity business.
- Needham has Synopsys as its only Buy among mid-cap technical software companies.
- Previously: Synopsys +9.5% after Q4 beats, upside guidance (Nov. 29)
Needham raises its Synopsys price target
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Symbol | Last Price | % Chg |
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SNPS | - | - |
Synopsys, Inc. |