Mizuho has raised its price target for Synaptics (NASDAQ: SYNA) from $94.00 to $103.00, according to a research report released on Friday. The firm maintains an outperform rating on the semiconductor and software company’s stock.
Other analysts have also recently updated their outlooks on Synaptics, reflecting ongoing interest in the company’s performance and prospects.
**Why this matters**
An increased price target typically signals growing confidence in a company’s future earnings potential and market position. For investors, such revisions can influence trading decisions and indicate shifting expectations within the industry.
Source: NewsData