Synaptics (SYNA) Tops Q1 EPS by 2c

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Dougherty & Co Downgrades Synaptics (SYNA) to Neutral on Valuation

October 23, 2015 9:34 AM EDT

Dougherty & Co downgraded Synaptics (NASDAQ: SYNA) from Buy to Neutral and removed its price target (prior $78.00). The change is tied to valuation.

Analyst Charles Anderson explained, "We note shares have gained nearly $20, or 30% since Bloomberg reported on 9/30 that the company had turned... More