BMO Capital Downgrades Synaptics (SYNA) to Market Perform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Mizuho Securities Downgrades Synaptics (SYNA) to Neutral
April 29, 2016 6:40 AM EDTMizuho Securities downgraded Synaptics (NASDAQ: SYNA) from Outperform to Neutral with a price target of $75.00 (from $95.00).
Analyst Vijay Rakesh commented, "SYNA reported a soft MarQ but its guide for the JunQ was substantially lower q/q, we believe pointing to channel... More
Synaptics (SYNA) Misses Q3 EPS by 30c
April 28, 2016 4:17 PM EDTSynaptics (NASDAQ: SYNA) reported Q3 EPS of $1.21, $0.30 worse than the analyst estimate of $1.51. Revenue for the quarter came in at $402.5 million versus the consensus estimate of $450.4 million.
Third Quarter 2016 Business Metrics
Revenue mix from mobile and PC products was approximately 88... More
