DA Davidson analyst Thomas Diffely kept his Buy rating and $105 price target on Synopsis, saying the company saw broad-based strength and another record revenue quarter in Q2. The analyst notes that his bullish thesis on Synopsis remains intact amid several emerging industry trends expected to play out over the next few years. Specifically, Diffely points to the emergence of AI in big data analysis, the demands of the growing autonomous driving industry, and the proliferation of Internet of Things technologies benefiting Synopsis product portfolio demand.