Synopsys (SNPS) Stock: $400 Price Target From Wells Fargo

By Amit Chowdhry ● Nov 24, 2021
  • The shares of Synopsys, Inc. (NASDAQ: SNPS) have received a $400 price target from Wells Fargo. These are the details.

The shares of Synopsys, Inc. (NASDAQ: SNPS) have received a $400 price target from Wells Fargo. And Wells Fargo analyst Gary Mobley increased the company’s price target from $340 while maintaining an “Overweight” rating on the shares.

Mobley had cited an increased confidence in growth and upside along with higher peer group multiples. Synopsys will be reporting its fulls for the fourth quarter and fiscal year 2021 on Wednesday, December 1, 2021 after the market close.

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