UPDATE: Synopsys (SNPS) Tops Q4 EPS by 1c; Offers FY21 EPS/Revenue Guidance Above Consensus, 1Q EPS Views Above Consensus, 1Q Revs Below Consensus

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Go back to UPDATE: Synopsys (SNPS) Tops Q4 EPS by 1c; Offers FY21 EPS/Revenue Guidance Above Consensus, 1Q EPS Views Above Consensus, 1Q Revs Below Consensus

Synopsys (SNPS) PT Raised to $240 at Needham & Company

December 3, 2020 7:16 AM EST

Needham & Company analyst Richard Valera raised the price target on Synopsys (NASDAQ: SNPS) to $240.00 (from $215.00) while maintaining a Buy rating.

The analyst commented, "SNPS closed out F20 on a strong note, beating on the top and bottom line, while building meaningful backlog... More