Synaptics (SYNA) Tops Q1 EPS by 6c, Beats on Revenues

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Rosenblatt Downgrades Synaptics (SYNA) to Neutral

November 3, 2017 7:42 AM EDT

Rosenblatt downgraded Synaptics (NASDAQ: SYNA) from Buy to Neutral with a price target of $36.00 (from $70.00).

Analyst Jun Zhang is concerned over increasing price competition in fingerprint sensors and TDDI markets. The analyst believes the TDDI market is facing increasing competition from Taiwanese... More