Synaptics Incorporated (SYNA) Receives Analyst Rating

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) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $81 and the lowest price target forecast is $57. The average forecast of all the analysts is $67.5 and the expected standard deviation is $7.27.

Synaptics

Synaptics Incorporated (NASDAQ:SYNA): After opening at $57.56, the stock dipped to an intraday low of $57.56 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $59.73 and the buying power remained strong till the end. The stock closed at $59.4 for the day, a gain of 2.87% for the day session. The total traded volume was 509,410. The stocks close on the previous trading day was $57.74.

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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