Synaptics Reports Results for Second Quarter Fiscal 2018

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Go back to Synaptics Reports Results for Second Quarter Fiscal 2018

Synaptics (SYNA) PT Lowered to $57 at Stifel

February 8, 2018 6:54 AM EST

Stifel lowered its price target on Synaptics (NASDAQ: SYNA) to $57.00 (from $59.00) while maintaining a Buy rating.

Analyst Kevin Cassidy commented, "Synaptics reported in-line revenue and beat on non-GAAP EPS, while March quarter guidance missed consensus estimates. A 7% sequential revenue decline is better... More