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Stock Market & Financial Investment News

News Breaks
March 13, 2013
09:34 EDTSYNASynaptics 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.
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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