Synopsys (SNPS) Tops Q4 EPS by 1c; Guides Q1 EPS Below Views

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Synopsys (SNPS) Delivers Despite Tough Environment – Needham & Company

December 3, 2015 8:51 AM EST

Needham & Company reiterated a Buy rating on Synopsys (NASDAQ: SNPS), and raised the price target to $54.00 (from $53.00), following the company's 4Q earnings report. SNPS delivered solid top and bottom line results in 4Q15. Management acknowledged the high level of recent semi M&A as a potential headwind, but noted they felt they had... More