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News 2026-10-01 11:12 UTC

BofA Raises Synopsys Price Target to $600, Reiterates Buy

Bank of America analyst Vivek Arya maintained a 'Buy' rating on Synopsys (SNPS) and raised the price target to $600 from $500 following the company's 2026 Investor Day, where it presented long-term financial targets that the firm believes are well ahead of consensus.