Synchronoss Technologies (SNCR) Tops Q3 EPS by 1c

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Go back to Synchronoss Technologies (SNCR) Tops Q3 EPS by 1c

Synchronoss Technologies (SNCR) Valuation Range Lifted at Wells Fargo Following Solid Q3

November 8, 2016 9:59 AM EST

Wells Fargo analyst Gray Powell reiterated an Outperform rating and raised his valuation range on Synchronoss Technologies (NASDAQ: SNCR) to $48-50/share from $44-45 following solid Q3 results with strong cloud ramp expected in 2017.

Powell commented, "SNCR reported slightly better than expected Q3 results and guided Q4 ahead... More