Synaptics (SYNA) Stock: $225 Price Target And Buy Rating

By Amit Chowdhry ● May 6, 2022
  • The shares of Synaptics (NASDAQ: SYNA) have received a $225 price target from Mizuho Securities. These are the details.

The shares of Synaptics (NASDAQ: SYNA) have received a $225 price target from Mizuho Securities. And Mizuho Securities analyst Vijay Rakesh is maintaining a “Buy” rating on the shares.

Synaptics reported a Q3 EPS of $3.75, which was $0.20 better than analyst estimates of $3.55. And the revenue for the quarter was $470.1 million compared to the consensus estimate of $464.65 million.

In terms of guidance, Synaptics expects a Q4 2022 revenue of between $460 and $490 million, compared to the consensus of $466.75 million.

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