Synaptics (SYNA) Tops Q3 EPS by 9c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus

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Synaptics (SYNA) PT Lowered to $42 at Needham & Company

May 10, 2019 9:05 AM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on Synaptics (NASDAQ: SYNA) to $42.00 (from $45.00) while maintaining a Buy rating following the company's 3Q. SYNA finished F3Q below guidance of $340-$380M, citing softness in smartphone mkt (China), and temp impact of product... More