Synopsys Co-CEO Aart de Geus to Speak at JP Morgan Technology, Media and Telecom Conference

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Synopsys (SNPS) PT Raised to $85 at DA Davidson Following 2Q

May 18, 2017 8:38 AM EDT

DA Davidson raised its price target on Synopsys (NASDAQ: SNPS) to $85.00 (from $77.00) while maintaining a Buy rating. SNPS reported 2Q revenue of $680.1 million and pro-forma EPS of $0.88, ahead of the Street's mean of $672 million and $0.86, respectively. Upside in the quarter was driven... More