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Stock Market & Financial Investment News

News Breaks
January 25, 2013
09:00 EDTSYNASynaptics rises 13.4%
Synaptics is up 13.4%, or $4.36, to $36.90
News For SYNA From The Last 14 Days
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March 4, 2015
09:33 EDTSYNASynaptics threat from Qualcomm overstated, says Needham
Needham believes the competitive threat Qualcomm (QCOM) poses to Synaptics (SYNA) is being overstated. After meeting with Synaptics CEO Rick Bergman, Needham thinks Qualcomm's Sense ID does not pose an immediate threat to the company's fingerprint sensors. Further, the firm believes Synaptics could be part of the development of RSP's new ForceTouch, which is speculated to be included in the upcoming iPhone 6S and Apple Watch. It maintains a Strong Buy rating on the stock with a $110 price target.
March 2, 2015
08:23 EDTSYNASynaptics price target raised to $105 from $95 at Cowen
Cowen raised its price target on Synaptics to $105 from $95 to reflect its leading position across high-end smartphones and its growth potential with area fingerprint sensors and wireless charging. Cowen maintained its Outperform rating on Synaptics shares.

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