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Benzinga
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Top Wall Street Forecasters Revamp Synopsys Expectations Ahead Of Q3 Earnings

1. SNPS earnings report on Sept. 9 expected at $3.75 per share. 2. Quarterly revenue projected to grow to $1.77 billion. 3. Analysts have generally raised their price targets for SNPS. 4. Shares increased by 1.8% to $609.08 prior to earnings. 5. Expansion of AI capabilities announced on Sept. 3.

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FAQ

Why Bullish?

Analysts' upgraded price targets indicate strong confidence in SNPS's performance.

How important is it?

The earnings call and analyst ratings can significantly affect short-term stock price.

Why Short Term?

Immediate impact expected post-earnings release on Sept. 9.

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