Synaptics (SYNA) Tops Q3 EPS by 1c, Miss on Revenues

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Synaptics (SYNA) PT Lowered to $52 at Needham & Company

May 10, 2018 8:38 AM EDT

Needham & Company lowered its price target on Synaptics (NASDAQ: SYNA) to $52.00 (from $55.00) while maintaining a Buy rating.

Analyst Rajvindra Gill commented, "Component shortages in display diver ICs and lack of broader adoption of optical in-display fingerprint ICs contributed to the miss.... More