Synopsys (SNPS): Analyst Sees Promise For A.I.

Описание: The tech sector is experiencing tailwinds that will bolster operating performance for some companies, notes an HSBC analyst on Synopsys (SNPS) HSBC initiated coverage on SNPS with a buy rating and $551 price target. The analyst sees promise for A.I. and demand for cloud and digital transformation remains strong. George Tsilis discusses SNPS. He also demonstrates an example trade using the stock. The trade type is a combo and the direction is bullish. Tune in to find out more about the stock market today.

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