Brokerage Firm Rating Update on Synaptics Incorporated (SYNA)

Synaptics Incorporated (SYNA) has an average broker rating of 2.36, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Synaptics Incorporated (SYNA) stock is expected to deviate a maximum of $7.27 from the average target price of $67.5 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $81 and the most muted being $57.


Company shares have received an average consensus rating of Hold for the current week

Synaptics Incorporated (NASDAQ:SYNA): The stock opened at $57.95 and touched an intraday high of $58.46 on Wednesday. During the day, the stock corrected to an intraday low of $57.23, however, the bulls stepped in and pushed the price higher to close in the green at $57.96 with a gain of 0.49% for the day. The total traded volume for the day was 379,144. The stock had closed at $57.68 in the previous trading session.

Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets. The ClearPad family supports touchscreen solutions for devices ranging from entry-level mobile phones to flagship premium smartphones, tablets and notebook PCs. The TouchPad family, including ClickPad and ForcePad, is integrated into the majority of todays notebook PCs. Natural ID fingerprint sensor technology enables authentication, mobile payments, and touch-based navigation for smartphones, tablets, and notebook computers. Synaptics portfolio also includes ThinTouch supporting thin and light keyboard solutions, as well as key technologies for next generation touch-enabled video and display applications.

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