Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Synopsys (SNPS) reachead $515.81 at the closing of the latest trading day, reflecting a +1.7% change compared to its last close.
Synopsys, Inc. (NASDAQ:SNPS ) 27th Annual Needham Growth Conference January 16, 2025 11:00 AM ET Company Participants Shelagh Glaser - CFO Conference Call Participants Charles Shi - Needham & Company Charles Shi Good morning. Welcome to the 27th Annual Needham Growth Conference.
Zacks.com users have recently been watching Synopsys (SNPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
SNPS is affected by the U.S.-China trade war and slow recovery across key business segments. Yet, its strategic collaborations and AI investments are upsides.
Companies exposed to artificial intelligence and accelerated computing have continued to see their end demand and visibility strengthen.
The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must divest some half-a-dozen products as part of the proposed remedies.
The commission said that the companies' offer to sell two business units to a rival fully addresses its concerns.
The European Commission on Friday said it had approved under conditions the takeover by chip design software maker Synopsys of software company Ansys , a $35 billion cash-and-stock deal announced in January last year.
The UK's competition regulator said on Wednesday that it might accept remedies offered by the parties in chip design software maker Synopsys' $35 billion acquisition of Ansys.
In the most recent trading session, Synopsys (SNPS) closed at $501.06, indicating a +1.49% shift from the previous trading day.
Synopsys (SNPS) reported earnings 30 days ago. What's next for the stock?