Synopsys (SNPS) Tops Q1 EPS by 4c, Revenues Beat; Offers Q2 EPS Guidance Above Consensus, Q2 Revenue Mid-Point Outlook Above Consensus, Offers FY19 EPS/Revenue Views

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Go back to Synopsys (SNPS) Tops Q1 EPS by 4c, Revenues Beat; Offers Q2 EPS Guidance Above Consensus, Q2 Revenue Mid-Point Outlook Above Consensus, Offers FY19 EPS/Revenue Views

Synopsys (SNPS) PT Raised to $130 at RBC Capital Following 'Beat and Raise'

February 21, 2019 8:33 AM EST

RBC Capital analyst Mitch Steves raised the price target on Synopsys (NASDAQ: SNPS) to $130.00 (from $125.00) while maintaining a Top Pick rating.

Steves comments: "Synopsys reported a solid beat and raise quarter where the highlights were: 1) new disclosures on software integrity, 2) new 2020E CAPEX... More