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UPDATE: Needham Maintains Buy on Synaptics, Raises Price Target to $100 As Firm Notes 4 Key Points:

1. Stronger than expected PC and mobile demand (Huawei, Apple) leads to major beat 2. March qrt guide above street, but mgt. conservative in light of potential supply chain effects of

Benzinga · 02/07/2020 14:59

1. Stronger than expected PC and mobile demand (Huawei, Apple) leads to major beat

2. March qrt guide above street, but mgt. conservative in light of potential supply chain effects of coronavirus

3. Financial impact of $120MM Mobile LCD TTDI divestiture

4. IoT remains a major long-term growth area