Synaptics to Acquire DisplayLink, Extending Video Interface Market Leadership

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Go back to Synaptics to Acquire DisplayLink, Extending Video Interface Market Leadership

Synaptics (SYNA) PT Raised to $86 at Rosenblatt; Positive on DisplayLink Deal, Which Will Add $1/Sh in Earnings

July 21, 2020 8:07 AM EDT

Rosenblatt analyst Kevin Cassidy raised the price target on Synaptics (NASDAQ: SYNA) to $86.00 (from $73.00) while maintaining a Buy rating.

The analyst commented, "We are increasing our SYNA 12-month target price to $86 from $73 based on the company's acquisition of DisplayLink. DisplayLink is... More