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Fly News Breaks for July 12, 2019
SNPS
Jul 12, 2019 | 08:06 EDT
KeyBanc analyst Jason Celino raised his price target for Synopsys to $152 from $135 and maintained an Overweight rating after hosting CFO Trac Pham and VP Finance, Investor Relations, Lisa Ewbank. In a research note to investors, Celino says he came away from the meetings with increased confidence in the strength of EDA tailwinds and the company's margin expansion opportunities and that he remains a buyer.