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Fly News Breaks for November 1, 2016
SYNA
Nov 1, 2016 | 07:13 EDT
JPMorgan analyst Paul Coster added Synaptics to his firm's U.S. Equity Analyst Focus List as a value idea after the stock dropped 21% Friday following the company's Q1 earnings report. The valuation looks "compelling" versus peers and recent semiconductor buyouts, Coster tells investors in a research note. He keeps an Overweight rating on the shares with a $76 price target.
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