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BNP Paribas Upgrades Synopsys to Neutral, Announces $420 Price Target

Sep 24, 2026, 6:28 PMBenzinga Newsdesk

BNP Paribas analyst Andrew DeGasperi upgrades Synopsys (NASDAQ:SNPS) from Underperform to Neutral and announces $420 price target.

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BenzingaSep 23, 2026, 7:14 PMBenzinga Newsdesk
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Today at the TSMC 2026 North America Open Innovation Platform® (OIP) Ecosystem Forum, Alchip Technologies presented a technical paper with Synopsys on how AI data center ASICs can overcome increasingly stringent
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Synopsys Collaborates With TSMC Over Development Of AI, High-Performance Computing, Advanced Semiconductor Systems
Synopsys (NASDAQ:SNPS) today announced new innovations with TSMC that accelerate the development of next-generation AI, high-performance computing (HPC), and advanced semiconductor systems. Through AI-powered EDA flows,
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