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Morgan Stanley Raises Synopsys Price Target on AI Outlook

Morgan Stanley Raises Synopsys Price Target on AI Outlook

Photo: TokenPost

Morgan Stanley raised its price target for Synopsys, Inc. on Tuesday, Oct. 20, pointing to potential benefits from artificial intelligence for the electronic design automation company. Synopsys shares fell 0.8% in premarket trading Tuesday. Needham had previously raised its target after Synopsys announced GPT-Synopsys at its investor day .

Source: TokenPost

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