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2023-02-03 07:50:59 SYNA Synaptics $139.79 / +7.25 (+5.47%) 07:50 02/03/23 02/03 07:50 02/03/23 07:50	Synaptics downgraded to Perform from Outperform at Oppenheimer Oppenheimer analyst Martin Yang downgraded Synaptics to Perform from Outperform without a price target. The company's fiscal Q2 results significantly lagged Street estimates and management sees the inventory correction being sustained for two quarters for PC and Mobile, but lacks the visibility for timing the internet of things recovery, the analyst tells investors in a research note. With uncertain inventory conditions and weak end-market demand, Synaptics' outlook is dramatically reduced, contends the firm. Opco cites the uncertain timing regarding a revenue recovery and weaker margin outlook for the downgrade.

2023-02-03 07:50:59

SYNA

Synaptics

$139.79 / +7.25 (+5.47%)

07:50

02/03/23

02/03

07:50

02/03/23

07:50

Synaptics downgraded to Perform from Outperform at Oppenheimer

Oppenheimer analyst Martin Yang downgraded Synaptics to Perform from Outperform without a price target. The company's fiscal Q2 results significantly lagged Street estimates and management sees the inventory correction being sustained for two quarters for PC and Mobile, but lacks the visibility for timing the internet of things recovery, the analyst tells investors in a research note. With uncertain inventory conditions and weak end-market demand, Synaptics' outlook is dramatically reduced, contends the firm. Opco cites the uncertain timing regarding a revenue recovery and weaker margin outlook for the downgrade.

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Technical Analysis	SPDR Dow Jones Industrial Average ETF Trust: Pivot points » 08:24 05/29/23 05/29 08:24 05/29/23 08:24 DIA SPDR Dow Jones Industrial Average ETF Trust $330.89 / +3.24 (+0.99%) The following are the… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return on Jun 1st, 08:24 Get Free Trial ShowHide Related Items >><< Company News Options Technical Analysis DIA SPDR Dow Jones Industrial Average ETF Trust $330.89 / +3.24 (+0.99%) 12/14/22 SEC proposes rules to enhance competition for retail order flow execution DIA SPDR Dow Jones Industrial Average ETF Trust $330.89 / +3.24 (+0.99%) 12/30/22 Unusually active option classes on open December 30th 12/14/22 Unusually active option classes on open December 14th DIA SPDR Dow Jones Industrial Average ETF Trust $330.89 / +3.24 (+0.99%) 05/26/23 SPDR Dow Jones Industrial Average ETF Trust: Pivot points 05/25/23 SPDR Dow Jones Industrial Average ETF Trust: Pivot points 05/24/23 SPDR Dow Jones Industrial Average ETF Trust: Pivot points 05/23/23 SPDR Dow Jones Industrial Average ETF Trust: Pivot points
Technical Analysis	SPDR S&P 500 ETF Trust: Pivot points » 08:24 05/29/23 05/29 08:24 05/29/23 08:24 SPY SPDR S&P 500 ETF Trust $419.98 / +5.35 (+1.29%) The following are the… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return on Jun 1st, 08:24 Get Free Trial ShowHide Related Items >><< Company News Street Research Periodicals On The Fly Technical Analysis SPY SPDR S&P 500 ETF Trust $419.98 / +5.35 (+1.29%) 05/15/23 Jana exited Encompass Health during Q1, bought more FIS 03/22/23 Senators Scott, Warren unveil bipartisan Fed oversight legislation 03/01/23 Einhorn says not invested long in artificial intelligence companies 03/01/23 Einhorn says investors should be 'bearish on stocks and bullish on inflation' SPY SPDR S&P 500 ETF Trust $419.98 / +5.35 (+1.29%) 05/24/23 JPMorgan JPMorgan says odds of no debt ceiling deal 25% and rising 05/23/23 JPMorgan JPMorgan strategist raises cash allocation on 'misplaced' stock rally 04/17/23 JPMorgan JPMorgan 'heavily favors cash' after 'irrational' stock market rally 03/27/23 JPMorgan JPMorgan strategist says Q1 likely high point for equities this year SPY SPDR S&P 500 ETF Trust $419.98 / +5.35 (+1.29%) 05/25/23 Biden, McCarthy edging close to debt ceiling deal, Reuters reports 03/29/23 Powell did not 'predict' another rate hike in meeting, CNBC reports 03/20/23 Treasury considering expanding FDIC coverage to all deposits, Bloomberg reports 03/14/23 Fed may extend tougher capital restrictions to midsize banks, WSJ says SPY SPDR S&P 500 ETF Trust $419.98 / +5.35 (+1.29%) 05/24/23 What You Missed On Wall Street On Wednesday 05/03/23 What You Missed On Wall Street On Wednesday 04/19/23 What You Missed On Wall Street On Wednesday 03/22/23 What You Missed On Wall Street On Wednesday SPY SPDR S&P 500 ETF Trust $419.98 / +5.35 (+1.29%) 05/26/23 SPDR S&P 500 ETF Trust: Pivot points 05/25/23 SPDR S&P 500 ETF Trust: Pivot points 05/24/23 SPDR S&P 500 ETF Trust: Pivot points 05/23/23 SPDR S&P 500 ETF Trust: Pivot points
Technical Analysis	Financial Select Sector: Pivot points » 08:24 05/29/23 05/29 08:24 05/29/23 08:24 XLF Financial Select Sector $32.11 / +0.245 (+0.77%) The following are the… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return on Jun 1st, 08:24 Get Free Trial ShowHide Related Items >><< Periodicals Options Technical Analysis XLF Financial Select Sector $32.11 / +0.245 (+0.77%) 03/20/23 Treasury considering expanding FDIC coverage to all deposits, Bloomberg reports XLF Financial Select Sector $32.11 / +0.245 (+0.77%) 02/23/23 Unusually active option classes on open February 23rd 01/26/23 Unusually active option classes on open January 26th 12/07/22 Unusually active option classes on open December 7th XLF Financial Select Sector $32.11 / +0.245 (+0.77%) 05/26/23 Financial Select Sector: Pivot points 05/25/23 Financial Select Sector: Pivot points 05/24/23 Financial Select Sector: Pivot points 05/23/23 Financial Select Sector: Pivot points
Technical Analysis	Market Vectors Semiconductor: Pivot points » 08:24 05/29/23 05/29 08:24 05/29/23 08:24 SMH Market Vectors Semiconductor $147.47 / +7.01 (+4.99%) The following are the… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return on Jun 1st, 08:24 Get Free Trial ShowHide Related Items >><< Company News Options Technical Analysis SMH Market Vectors Semiconductor $147.47 / +7.01 (+4.99%) 12/14/22 SEC proposes rules to enhance competition for retail order flow execution SMH Market Vectors Semiconductor $147.47 / +7.01 (+4.99%) 05/25/23 Unusually active option classes on open May 25th 02/13/23 Largest borrow rate increases among liquid names 12/22/22 Largest borrow rate increases among liquid names SMH Market Vectors Semiconductor $147.47 / +7.01 (+4.99%) 05/26/23 Market Vectors Semiconductor: Pivot points 05/25/23 Market Vectors Semiconductor: Pivot points 05/24/23 Market Vectors Semiconductor: Pivot points 05/23/23 Market Vectors Semiconductor: Pivot points
Technical Analysis	Invesco QQQ Trust: Pivot points » 08:24 05/29/23 05/29 08:24 05/29/23 08:24 QQQ Invesco QQQ Trust $348.39 / +8.63 (+2.54%) The following are the… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return on Jun 1st, 08:24 Get Free Trial ShowHide Related Items >><< Company News Periodicals Technical Analysis QQQ Invesco QQQ Trust $348.39 / +8.63 (+2.54%) 03/01/23 Einhorn says not invested long in artificial intelligence companies 02/13/23 Soros Fund buys Horizon Therapeutics, exits BNY Mellon in Q4 12/14/22 SEC proposes rules to enhance competition for retail order flow execution QQQ Invesco QQQ Trust $348.39 / +8.63 (+2.54%) 03/20/23 Treasury considering expanding FDIC coverage to all deposits, Bloomberg reports 03/14/23 Fed may extend tougher capital restrictions to midsize banks, WSJ says 02/13/23 Biden to name Fed Vice Chair Brainard as top economic advisor, Bloomberg says QQQ Invesco QQQ Trust $348.39 / +8.63 (+2.54%) 05/26/23 Invesco QQQ Trust: Pivot points 05/25/23 Invesco QQQ Trust: Pivot points 05/24/23 Invesco QQQ Trust: Pivot points 05/23/23 Invesco QQQ Trust: Pivot points

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