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Stock Market & Financial Investment News

News Breaks
January 25, 2013
07:13 EDTSYNASynaptics upgraded to Outperform from Neutral at Cowen
Cowen upgraded Synaptics based on the better than expected Q2 report, smartphone strength, and Win8 touchscreen wins.
News For SYNA From The Last 14 Days
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July 27, 2015
08:04 EDTSYNASynaptics ClearPad solution selected by Huawei
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July 23, 2015
09:45 EDTSYNAJPMorgan sees risk of Synaptics losing Apple business
Apple (AAPL) is working on bringing its touch and display driver integration functionality in-house to better protect its operating system, JPMorgan analyst Paul Coster tells investors today in a research note. The move increases the likelihood of the iPhone maker terminating its use of Synaptics' display diver solution in mid-2017, Coster writes. To reflect the risk of losing the business, the analyst cut his price target for Synaptics to $97 from $112. The supplier of human interface solutions is trading up 49c to $80.34 in early trading. Coster keeps an Overweight rating on Synaptics, however, saying the stock is already pricing in the risk of losing the Apple business after selling off 20% since mid June.

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