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0 -0.00167510637888212 -0.00026955734832583 -0.00026955734832583 0.00107822939330354 0.000981958911758459 0.00159808999364623 0.00296513083158435
Stock impact report

Loop Capital Remains Bullish on Synopsys Inc. (SNPS) on AI and EDA Tailwinds [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Gary Mobley reiterated his Buy rating on Synopsys but raised his price target to $600 from $570, implying a 28% upside. While Synopsys Inc. (NASDAQ:SNPS) has underperformed during the last year with 2%-3% returns, Mobley believes that the stock could benefit from the broad-based rally he is expecting in 2026, partially driven by growth acceleration in automotive and industrial semiconductors. He also believes that sentiment towards the stock improved recently after it announced a strategic partnership with Nvidia, and the latter purchased $2 billion of Synopsys stock. Photo by JESHOOTS.COM on Unsplash The analyst also expects Synopsys to benefit from growth in the Electronic Design Automation or EDA market. He said, We believe the EDA market is entering a new paradigm of growth with AI-enhanced EDA tools results in higher annual contract values once licensees renew.” Mobley further added, “A combination of China export controls and uneven recovery in the semiconductor industry Show less Read more
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