Synopsys (SNPS) Tops Q1 EPS by 16c; Guides Above Views

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Synopsys (SNPS) PT Raised to $77 at RBC Capital Following Full Year Guidance Raise

February 16, 2017 7:46 AM EST

RBC Capital Markets analyst Mitch Stevens reiterates Outperform rating and raises price target on Synopsys Inc. (NASDAQ: SPNS) to $77 (from $66), suggesting investments are paying off and margin growth continues, as the company reported results ahead of expectations.

Stevens comments, "Synopsys reported a... More

Synopsys (SNPS) PT Raised to $76 at Needham & Company on Strong F1Q17 Results / F2Q17 Guidance

February 16, 2017 5:59 AM EST

Needham & Company analyst Richard Valera reiterates Buy rating and raises price target on Synopsys Inc. (NASDAQ: SNPS) to $76 (from $66), as the company reported 2017 fiscal first quarter EPS and revenues well above consensus, while offering strong fiscal second quarter guidance.

Valera notes, "SNPS... More