BMO Capital Downgrades Synaptics (SYNA) to Market Perform

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Mizuho Securities Downgrades Synaptics (SYNA) to Neutral

April 29, 2016 6:40 AM EDT

Mizuho 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 EDT

Synaptics (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