Synaptics price target raised to $100 from $85 at JPMorgan

JPMorgan analyst Peter Peng raised the firm’s price target on Synaptics (SYNA) to $100 from $85 and keeps an Overweight rating on the shares. The company reported good fiscal Q2 results, driven by revenue upside in its enterprise business, the analyst tells investors in a research note. The firm upped estimates post the print.