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Needham & Company Downgrades Synaptics (SYNA) to Strong Buy

January 29, 2016 7:37 AM EST

Needham & Company downgraded Synaptics (NASDAQ: SYNA) from Buy to Strong Buy with a price target of $88.00 (from $110.00) amid slower growth.

Analyst Rajvindra Gill commented, "SYNA issued a roughly in-line C4Q15 but provided MarchQ and FY16 guidance below consensus as the largely... More