Synaptics, Inc. (SYNA) Tops Q3 EPS by 6c, Sales Beat

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Go back to Synaptics, Inc. (SYNA) Tops Q3 EPS by 6c, Sales Beat

Needham & Company Upgrades Synaptics (SYNA) to Strong Buy; Rare "Hyper Growth" Story in Semis

April 25, 2014 7:27 AM EDT

Needham & Company upgraded Synaptics (NASDAQ: SYNA) from Buy to Strong Buy with a price target of $100 (from $70), suggesting 60% upside. The firm cite a rare "hyper growth' story in semis.

Analyst Rajvindra S. Gill comments, "We are upgrading SYNA to Strong Buy & increase... More