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Synopsys, Inc. (SNPS) [hlAlert]

Rating:
Buy SNPS
up 71.25 %

Synopsys, Inc. (SNPS) rated Buy with price target $53 by Needham

Posted on: Thursday,  May 21, 2015  8:25 AM ET by Needham

Needham rated Buy Synopsys, Inc. (NASDAQ: SNPS) on 05/21/2015. Previously Needham rated Buy Synopsys, Inc. (NASDAQ: SNPS) on 12/07/2007., when
the stock price was $27.41. Since then, Synopsys, Inc. has gained 71.25% as of 01/25/2016's recent price of $46.94.
If you would have followed the previous Needham's recommendation on SNPS, you would have gained 71.25% of your investment in 2971 days.

Synopsys, Inc. is one of the leading suppliers of electronic design automation software to the global electronics industry. The company's products are used by designers of integrated circuits, including system-on-a-chip integrated circuits, and the electronic products that use such integrated circuits to automate significant portions of their chip design process. Integrated circuits are distinguished by the speed at which they run, their area, the amount of power they consume and the cost of production.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2015 8:25 AM Buy
None
48.51 53.00
as of 8/27/2015
1 Week down  -8.28 %
1 Month down  -6.84 %
3 Months down  -3.65 %
1 YTD up  15.70 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/6/2012 8:25 AM Buy
None
33.31 38.00
2/23/2012 8:25 AM Buy
None
30.72 33.00
2/23/2012 8:25 AM Buy
None
30.72 33.00
2/19/2009 9:25 AM Buy
None
19.77 22.00
12/4/2008 9:25 AM Buy
None
16.77 21.00
12/2/2008 8:25 AM Buy
None
15.05 22.00
8/21/2008 8:25 AM Buy
None
20.25 27.00
5/22/2008 9:25 AM Buy
None
24.89 30.00
2/21/2008 9:25 AM Buy
None
23.52 29.00
12/7/2007 9:25 AM Buy
None
27.41 31.00

(*) Stock Price at the time of the recommendation.
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