|April 11, 2014|
|07:26 EDT||SYNA, INVN||Synaptics InvenSense Q2 results could beat expectations, says Oppenheimer|
Oppenheimer believes that the consensus outlook may underestimate the impact of Samsung's (SSNLF) flagship phones on Synaptics (SYNA) and InvenSense (INVN). However, the firm keeps Perform ratings on both stocks.
News For SYNA;INVN From The Last 14 Days
|May 22, 2015|
|10:38 EDT||SYNA||Mizuho says buy NXP, Micron, ON Semi|
Mizuho Securities initiated coverage of a number of chip makers in a note to investors last night. Among its recommendation in the space, NXP Semiconductors (NXPI), Micron (MU), and ON Semiconductor (ON) were called out with Buy ratings. NXP: NXP Semiconductors dominates the mobile payment market with its NFC products, Mizuho analyst Vijay Rakesh wrote. The company's NFC chips are used in Apple's (AAPL) Apple Pay and NXP has a strong mobile payment ecosystem in China, the analyst explained. NXP Semiconductors is also a leader in providing chips used to enhance credit card security, as its Chip+Pin system has a 75% share of the global market and is in the process of being deployed in the U.S, according to Rakesh. Going forward, NXP's growth should be driven by the automotive products of Freescale, which the company acquired earlier this year, the analyst stated, adding that NXP should derive strong synergies and cash flow from the deal. He set a $140 price target on the stock. MICRON: Sales of flash memory device maker Micron's DRAM products should be boosted by a PC rebound in the second half of this year, according to Rakesh. Additionally, the company's new CFO could make its actions more predictable, pleasing investors, the analyst stated. ON: ON Semiconductor should benefit from its acquisition of Aptina, which gave ON a significant presence in the Advanced Driver Assistance Systems, or ADAS, market, Rakesh believes. ADAS is likely to grow rapidly around the world, driven by mandates, the analyst predicted. A second positive catalyst for ON will be the proliferation of wireless charging, added the analyst, who set a $16 price target on the shares. PRICE ACTION: In early trading, NXP rose nearly 1% to trade nearly $108, Micron gained 2.6% to $27.61, and ON was fractionally higher. Other semiconductor makers initiated with Buy ratings by the firm include Skyworks (SWKS), Synaptics (SYNA), Avago (AVGO) and Cypress Semiconductor (CY).
|09:58 EDT||SYNA||On The Fly: Analyst Initiation Summary|
Today's noteworthy initiations include: Allison Transmission (ALSN) initiated with a Buy at Stifel... Avago (AVGO) initiated with a Buy at Mizuho... Blackstone (BX) initiated with a Positive at Susquehanna... Cellectis (CLLS) initiated with an Outperform at Oppenheimer... Cypress Semiconductor (CY) initiated with a Buy at Mizuho... Esperion (ESPR) initiated with a Sell at Chardan... H&R Block (HRB) initiated with an Overweight at Piper Jaffray... Horizon Pharma (HZNP) initiated with an Outperform at Leerink... M/A-COM (MTSI) initiated with a Buy at Goldman... Meritor (MTOR) initiated with a Hold at Stifel... Micron (MU) initiated with a Buy at Mizuho... Monster Worldwide (MWW) initiated with a Neutral at Piper Jaffray... NXP Semiconductors (NXPI) initiated with a Buy at Mizuho... National Storage (NSA) initiated with a Sector Weight at KeyBanc... ON Semiconductor (ON) initiated with a Buy at Mizuho... Qorvo (QRVO) initiated with a Buy at Goldman... SanDisk (SNDK) initiated with a Neutral at Mizuho... Sharps Compliance (SMED) initiated with a Buy at Stifel... Skyworks (SWKS) initiated with a Buy at Mizuho... StemCells (STEM) initiated with a Buy at Cantor... Synaptics (SYNA) initiated with a Buy at Mizuho... Synergy Pharmaceuticals (SGYP) initiated with a Buy at Canaccord... Texas Instruments (TXN) initiated with a Neutral at Mizuho... TriNet (TNET) initiated with a Neutral at Piper Jaffray... Vascular Biogenics (VBLT) initiated with a Buy at Roth Capital... Verifone (PAY) initiated with an Outperform at Imperial Capital... uniQure (QURE) initiated with an Outperform at Oppenheimer.
|07:37 EDT||SYNA||Synaptics price target raised to $105 from $95 at JPMorgan|
JPMorgan raised its price target for Synaptics to $105 saying it is incrementally positive following the company's presentation at its conference. The firm believes Synaptics is executing well and reiterates an Overweight rating on the stock.
|May 21, 2015|
|16:14 EDT||SYNA||Synaptics initiated with a Buy at Mizuho|
|May 13, 2015|
|07:22 EDT||INVN||Barrington to hold a conference|
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|May 11, 2015|
|16:37 EDT||SYNA||Synaptics appoints Wajid Ali as CFO|
announced the appointment of Wajid Ali as SVP and CFO. Ali replaces Synaptics' current CFO, Kathleen Bayless, who announced her retirement in December 2014. Ali joins Synaptics from Teledyne Technologies.
|09:16 EDT||SYNA||Synaptics likely won LG and Samsung design wins, says OTR Global|
OTR Global said Synaptics likely gained the TDDI chip for the new LG G4, the fingerprint sensor in the Samsung Galaxy Note 5, and a design win for a Lenovo smartphone expected to ship in late Q2.