Synaptics (SYNA) Tops Q4 EPS by 2c, Revenues In-Line

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Synaptics (SYNA) PT Lowered to $46 at BMO Capital on 2Q Report; 'Core Business Deteriorating Faster Than We Thought'

August 4, 2017 9:31 AM EDT

BMO Capital lowered its price target on Synaptics (NASDAQ: SYNA) to $46.00 (from $56.00) while maintaining a Market Perform rating, following the company's fourth quarter earnings report.

Analyst Ambrish Srivastava notes the company delivered fourth quarter earnings per share and revenues in-line with the Street's... More