Information Provided By: 
Fly News Breaks for November 8, 2019
SYNA
Nov 8, 2019 | 09:13 EDT
Needham analyst Rajvindra Gill raised his price target on Synaptics to $65 and kept his Buy rating after its "significant" Q1 beat and raised guidance. The analyst says the performance in the quarter was driven by revenue, gross margin and lower operating expenditure, with the company taking a conservative outlook on potential impact of Huawei heading into the print. Gill expects Synaptics to remain focused on its strategic initiatives around higher-margin and less volatile IoT space as it looks to further diversify its business.
News For SYNA From the Last 2 Days
There are no results for your query SYNA
