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Synopsys Signs $1 Billion Multi-Year Deal with Amazon

The Motley Fool +1 ·

SNPS Synopsys Inc
$488.47 -0.29%
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  1. 1A $1 billion multi-year agreement between Synopsys and Amazon has been announced.
  2. 2A Deutsche Bank analyst set an upgraded price target of $640.
  3. 3The target price rose from the previous Deutsche Bank analyst target of $590.

So what's the key point?

Synopsys has entered into a $1 billion contract with Amazon. Experts believe the stock will rise further and have raised the price target to $640.

Source The Motley Fool +1 · View original ↗

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