Synopsys (SNPS) Tops Q3 EPS by 4c; Guides Q4 EPS Below Expectations

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Go back to Synopsys (SNPS) Tops Q3 EPS by 4c; Guides Q4 EPS Below Expectations

Summit Research Raises Price Target on Synopsys (SNPS) to $54 Following 3Q15 Results

August 21, 2015 7:27 AM EDT

Summit Research reiterated a Buy rating on Synopsys (NASDAQ: SNPS), and raised the price target to $54.00 (from $47.00), following the company's 3Q15 earnings report. SNPS reported revenue of $556M, compared to guidance of $550-560M. EPS of $0.63 beat guidance of $0.58-0.60. Management guided FY15... More

UPDATE: RBC Capital Raises Price Target on Synopsys (SNPS) Following 4c EPS Beat

August 20, 2015 7:37 AM EDT

(Updated - August 20, 2015 7:38 AM EDT)

RBC Capital reiterated an Outperform rating on Synopsys (NASDAQ: SNPS), and raised the price target to $56.00 (from $55.00), following the company's 3Q15 earnings results. SNPS reported revenue of $556M compared to consensus' $555M and Company guidance $550-560M. EPS was... More