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Stock analysts at Imperial Capital boosted their target price on shares of Synaptics, (NASDAQ:SYNA) from $70.00 to $95.00 in a report issued on Thursday. The firm currently has an “outperform” rating on the stock. Imperial Capital’s price objective would indicate a potential upside of 10.75% from the stock’s previous close.

Synaptics, (NASDAQ:SYNA) traded down 0.72% on Thursday, hitting $85.16. 1,099,242 shares of the company’s stock traded hands. Synaptics, has a 1-year low of $34.98 and a 1-year high of $86.70. The stock has a 50-day moving average of $63.12 and a 200-day moving average of $58.76. The company has a market cap of $3.068 billion and a price-to-earnings ratio of 54.05.

Synaptics, (NASDAQ:SYNA) last released its earnings data on Thursday, April 24th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.06. The company had revenue of $204.30 million for the quarter, compared to the consensus estimate of $192.03 million. During the same quarter in the previous year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was up 25.1% on a year-over-year basis. On average, analysts predict that Synaptics, will post $4.17 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Synaptics, in a research note on Wednesday. They now have a $86.00 price target on the stock, up previously from $80.00. Separately, analysts at Zacks upgraded shares of Synaptics, from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $69.20 price target on the stock. Finally, analysts at Dougherty & Co raised their price target on shares of Synaptics, to $96.00 in a research note on Wednesday. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $80.94.

In other Synaptics, news, SVP Scott Deutsch unloaded 16,305 shares of the company’s stock on the open market in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $74.05, for a total value of $1,207,385.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Synaptics Incorporated is a developer and supplier of custom-designed human interface solutions that enable people to interact with a range of mobile computing, communications, entertainment, and other electronic devices.

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