There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Synopsys (SNPS) and SentinelOne (S) with bullish sentiments.
Synopsys (SNPS)
In a report released yesterday, Nay Soe Naing from Berenberg Bank maintained a Buy rating on Synopsys, with a price target of $633.00. The company’s shares closed last Thursday at $464.89.
According to TipRanks.com, Naing is ranked #2999 out of 12504 analysts.
Currently, the analyst consensus on Synopsys is a Strong Buy with an average price target of $562.71, which is a 34.1% upside from current levels. In a report released yesterday, Robert W. Baird also upgraded the stock to Buy with a $560.00 price target.
