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Fly News Breaks for April 21, 2015
SYNA
Apr 21, 2015 | 08:06 EDT
Pacific Crest believes that Synaptic (SYNA)s is likely to report strong beat and raise results, given strong demand trends at Apple (AAPL) and Samsung, share gains in DDIC in China, and conservative expectations for the company's Q3 growth. The firm expects the stock to rise after the results but sees its valuation as balanced and keeps a Sector Weight rating on the shares.
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