Wells Fargo raises Synaptics price target to $160

0 min read     Updated on 27 Jun 2026, 01:46 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Wells Fargo analyst Joe Quatrochi maintained an Overweight rating on Synaptics and raised the price target to $160 from $155, indicating a positive outlook.

powered bylight_fuzz_icon
44050596

*this image is generated using AI for illustrative purposes only.

Wells Fargo analyst Joe Quatrochi has maintained an Overweight rating on Synaptics and raised the price target to $160 from $155. The adjustment reflects a positive outlook on the stock's performance potential.

Rating and Price Action

The firm's decision to increase the price target suggests confidence in Synaptics' ability to deliver value. The new target of $160 represents an increase from the previous $155.

Metric Value
Rating Overweight
Previous Price Target $155
New Price Target $160

What specific factors or market trends are driving Wells Fargo's increased confidence in Synaptics' performance?

How might this price target adjustment influence investor sentiment and trading volume for Synaptics in the short term?

What are the potential risks or challenges that could hinder Synaptics from reaching the new $160 price target?

like16
dislike

Rosenblatt downgrades Synaptics to Neutral, lowers target to $160

0 min read     Updated on 26 Jun 2026, 06:45 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Rosenblatt analyst Kevin Cassidy downgraded Synaptics from Buy to Neutral, reducing the price target from $180 to $160. The rating change suggests a shift in investment perspective and advises investors to hold current positions.

powered bylight_fuzz_icon
44020289

*this image is generated using AI for illustrative purposes only.

Rosenblatt analyst Kevin Cassidy has downgraded Synaptics from Buy to Neutral, adjusting the firm's outlook on the stock. The rating revision signals a shift in the investment perspective regarding the company's near-term performance. Concurrently, the price target was lowered from $180 to $160, indicating a revised valuation expectation alongside the more cautious rating.

The downgrade moves Synaptics out of the Buy category, suggesting that the previous upside potential may have diminished or that risks have increased. The Neutral rating indicates that investors should maintain their current positions rather than accumulate new shares.

Analyst Action

The following table details the rating change:

Firm Analyst Previous Rating New Rating Previous Price Target New Price Target
Rosenblatt Kevin Cassidy Buy Neutral $180 $160

The decision by Rosenblatt impacts market sentiment surrounding Synaptics, which is listed on the NASDAQ under the ticker symbol SYNA.

What specific factors led to the diminished upside potential for Synaptics?

How might this downgrade affect Synaptics' stock performance in the near term?

Are there broader market conditions influencing this cautious outlook?

like15
dislike

More News on Synaptics Inc

Must Read Next

Earnings

Corporate Actions

Stocks