Synaptics Investors Will Be Looking at Catalysts in Earnings Report
2017 has been a difficult year for Synaptics (NASDAQ: SYNA) investors as the stock has underperformed the broader market by a wide margin. Shares of the company that helps people interact with technology have remained flat so far this year, which is surprising, since the company had easily beaten expectations during the last reported quarter.
However, Synaptics has been held back by the possibility of having Apple in-source its display chips, cutting it out. Rumors suggest that Cupertino has decided to skip Synaptics for integrating the fingerprint sensor within the touchscreen in favor of developing a solution of its own.
Image source: Synaptics
Source: Fool.com
Synaptics Inc. Stock
€80.60
-1.280%
We see a rather positive sentiment for Synaptics Inc. with 18 Buy predictions and 1 Sell predictions.
As a result the target price of 107 € shows a positive potential of 32.75% compared to the current price of 80.6 € for Synaptics Inc..
