KeyBanc Raises Synopsys Target to $575 Ahead of Q2…
From Financial Modeling Prep: 2025-05-20 15:13:00
KeyBanc raised Synopsys (NASDAQ:SNPS) price target to $575 from $555, maintaining an Overweight rating before fiscal Q2 earnings on May 28. Expecting results to meet or exceed consensus, focus will be on China exposure and Ansys acquisition status. Reaffirmed 2025 guidance and potential Ansys deal support positive outlook. Firm sees Synopsys well-positioned for outperformance.
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