Wells Fargo initiated coverage of Synaptics (SYNA) with an Overweight rating and $95 price target The firm says the stock offers an attractive risk/reward into 2026. Synaptics is accelerating its transition to an internet of things chip suppler, and its Astra pipeline updates will bring positive catalysts, the analyst tells investors in a research note. Wells expects the stock to undergo a valuation re-rating over time.
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