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Fly News Breaks for January 8, 2016
SYNA
Jan 8, 2016 | 09:20 EDT
Cowen believes the recent pullback in Synaptics has created an attractive entry point ahead of new product cycles, including multiple OEM wins for force touch. The firm, which sees all four new TDDI chips in revenue from Q3 and first generation under-glass fingerprint sensors in mass production, reiterated its Outperform rating while lowering its price target to $105 from $115 on Synpatics shares.
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