Synaptics Inc (SYNA) Receives a Buy from J.P. Morgan


In a report released today, Paul Coster from J.P. Morgan maintained a Buy rating on Synaptics Inc (NASDAQ: SYNA), with a price target of $55. The company’s shares closed yesterday at $48.17.

According to TipRanks.com, Coster has currently no stars on a ranking scale of 0-5 stars, with an average return of -4.0% and a 42.3% success rate. Coster covers the Consumer Goods sector, focusing on stocks such as Diebold Nixdorf Incorporated, Motorola Solutions, and First Solar.

Synaptics Inc has an analyst consensus of Strong Buy, with a price target consensus of $56.20, representing a 16.7% upside. In a report issued on August 1, Craig-Hallum also upgraded the stock to Buy with a $51 price target.

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The company has a one-year high of $55.25 and a one-year low of $33.73. Currently, Synaptics Inc has an average volume of 851.6K.

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Synaptics, Inc. engages in the development, marketing, and sale of semiconductor products. It develops and supplies custom-designed human interface solutions that enable people to interact with mobile computing, communications, entertainment, and other electronic devices.

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