Synaptics Galaxy IV design win could raise EPS by 75c, says Sterne Agee Sterne Agee believes that a design win by Synaptics for Samsung's Galaxy S IV could increase Synaptics' EPS by 25c-75c. The firm warns that Samsung may use more than one supplier for touchscreen controllers and other components, and that Synaptics may not win the deal, but it reiterates a Buy rating on Synaptics.
Synaptics upgraded to Outperform from Perform at Oppenheimer Oppenheimer upgraded Synaptics (SYNA) to Outperform with a $105 price target due to unjustified weakness. The firm said the Digitimes article claiming Apple (AAPL) is developing an in-house TDDI solution is highly speculative, and if true, is unlikely to come to fruition until 2018. The firm said a TDDI solution is difficult to build and Synaptics is likely to continue to gain share in DDIC.