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Synchronoss Technologies Holds Annual Stockholder Meeting

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Synchronoss Technologies Holds Annual Stockholder Meeting

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Synchronoss Technologies ( (SNCR) ) has provided an update.

At the Annual Meeting, Synchronoss Technologies‘ stockholders voted on several key proposals. The election of three directors to serve as Class I directors until the 2028 annual meeting was approved, with Laurie L. Harris and Jeffrey G. Miller being elected. Additionally, the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. Furthermore, the compensation of the company’s named executive officers was approved on a non-binding, advisory basis.

The most recent analyst rating on (SNCR) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Synchronoss Technologies stock, see the SNCR Stock Forecast page.

Spark’s Take on SNCR Stock

According to Spark, TipRanks’ AI Analyst, SNCR is a Neutral.

Synchronoss Technologies presents a balanced risk-reward profile. The strengths lie in operational improvements and strategic refinancing, which enhance financial metrics despite ongoing losses. However, the high leverage and negative profitability create significant risks. Technical indicators further suggest bearish trends, requiring careful consideration for potential investors.

To see Spark’s full report on SNCR stock, click here.

More about Synchronoss Technologies

Average Trading Volume: 109,227

Technical Sentiment Signal: Strong Sell

Current Market Cap: $82.67M

For a thorough assessment of SNCR stock, go to TipRanks’ Stock Analysis page.

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