Synopsys (SNPS) Tops Q3 EPS by 2c

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Go back to Synopsys (SNPS) Tops Q3 EPS by 2c

Needham & Company Raises Price Target on Synopsys (SNPS) to $60 Following 3Q

August 18, 2016 8:18 AM EDT

Needham & Company reiterated a Buy rating on Synopsys (NASDAQ: SNPS), and raised the price target to $60.00 (from $54.00), following the company's 3Q earnings report. SNPS reported revenue of $615.2MM and NG EPS of $0.76, exceeding the consensus of $603.1MM and $0.75, respectively.

Analyst Richard Valera... More