This is what analysts have to say about Synopsys, Inc. (NASDAQ:SNPS) after last week.

Synopsys, Inc. (NASDAQ:SNPS) Logo
Investors sentiment increased to 1.29 in Q2 2019. Its up 0.30, from 0.99 in 2019Q1. It increased, as 15 investors sold Synopsys, Inc. shares while 155 reduced holdings. 71 funds opened positions while 149 raised stakes. 131.71 million shares or 1.63% less from 133.90 million shares in 2019Q1 were reported.
88,647 are owned by Automobile Association. New Mexico Educational Retirement Board, a New Mexico-based fund reported 12,300 shares. Employees Retirement Sys Of Texas reported 0.1% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS). American Intl Gp Inc reported 0.03% stake. 2,410 are held by Bokf Na. Da Davidson stated it has 0.01% in Synopsys, Inc. (NASDAQ:SNPS). Oppenheimer & Com Inc has 0.14% invested in Synopsys, Inc. (NASDAQ:SNPS). Gateway Investment Advisers Llc holds 6,332 shares. Rampart Inv Co Limited Liability Corp holds 0.07% or 4,618 shares in its portfolio. California Employees Retirement Sys holds 0.17% or 1.09 million shares in its portfolio. Loomis Sayles & Lp holds 121,522 shares. Fdx Advisors stated it has 3,088 shares. Shell Asset Mngmt invested in 10,712 shares or 0.03% of the stock. 494,759 are owned by Royal Bankshares Of Canada. Moreover, Proshare Advsrs has 0.1% invested in Synopsys, Inc. (NASDAQ:SNPS) for 128,831 shares.

Synopsys, Inc. (NASDAQ:SNPS) Ratings Coverage

Among 3 analysts covering Synopsys (NASDAQ:SNPS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Synopsys has $16000 highest and $13500 lowest target. $151.25’s average target is 12.22% above currents $134.78 stock price. Synopsys had 7 analyst reports since April 10, 2019 according to SRatingsIntel. The stock of Synopsys, Inc. (NASDAQ:SNPS) has “Outperform” rating given on Thursday, August 22 by Wells Fargo. The stock of Synopsys, Inc. (NASDAQ:SNPS) has “Neutral” rating given on Wednesday, September 11 by JP Morgan. On Thursday, August 22 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. On Wednesday, April 10 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Below is a list of Synopsys, Inc. (NASDAQ:SNPS) latest ratings and price target changes.

11/09/2019 Broker: JP Morgan Rating: Neutral Old Target: $138.0000 New Target: $157.0000 Reinitiate
22/08/2019 Broker: Wells Fargo Rating: Outperform Old Target: $150.0000 New Target: $160.0000 Maintain
22/08/2019 Broker: KeyBanc Capital Markets Rating: Overweight Old Target: $152.0000 New Target: $153.0000 Maintain
12/07/2019 Broker: Inc. – Common Stock Rating: Keybanc New Target: $135.0000 152.0000
22/05/2019 Broker: BidaskScore Rating: Buy Downgrade
15/05/2019 Broker: Inc. – Common Stock Rating: Wells Fargo New Target: $135
10/04/2019 Broker: KeyBanc Capital Markets Rating: Overweight New Target: $135 Maintain

The stock decreased 1.90% or $2.61 during the last trading session, reaching $134.78. About 773,822 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 48.62% since September 13, 2018 and is uptrending. It has outperformed by 48.62% the S&P500.

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits (ICs). The company has market cap of $20.18 billion. It offers Galaxy Design platform that provides IC design solutions; Verification Continuum Platform, which offers virtual prototyping, static and formal verification, simulation, emulation, field-programmable gate array (FPGA) prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It has a 33.07 P/E ratio. The firm also provides DesignWare intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating point components, and ARM AMBA interconnect fabric and peripherals.

More notable recent Synopsys, Inc. (NASDAQ:SNPS) news were published by: Nasdaq.com which released: “Market Close Report: NASDAQ Composite index closes at 8,084.16 down -3.28 points – Nasdaq” on September 10, 2019, also Seekingalpha.com with their article: “Synopsys gets new Street-high target – Seeking Alpha” published on July 02, 2019, Nasdaq.com published: “Synopsys (SNPS) Surpasses Q2 Earnings and Revenue Estimates – Nasdaq” on May 22, 2019. More interesting news about Synopsys, Inc. (NASDAQ:SNPS) were released by: Seekingalpha.com and their article: “Synopsys: Long-Term Growth Outlook Remains Intact – Seeking Alpha” published on August 23, 2019 as well as Nasdaq.com‘s news article titled: “PSJ, SNPS, INTU, CDNS: Large Inflows Detected at ETF – Nasdaq” with publication date: September 05, 2019.

Synopsys, Inc. (NASDAQ:SNPS) Institutional Positions Chart

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