Wells Fargo Upgrades Synopsys to Overweight, Raises Price Target to $475
Wells Fargo analyst Joe Quatrochi upgrades Synopsys (NASDAQ:SNPS) from Equal-Weight to Overweight and raises the price target from $450 to $475.
A big bank analyst thinks Synopsys is a stronger company than before and raised the price they think it could reach. When smart analysts upgrade a stock, it often means they spotted something good about the business or its future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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