On 12/5/24, Synopsys Inc (NASDAQ: SNPS) stock suffered a major decline of -12.4%, closing at $515.29. Moreover, this decline was accompanied by exceptionally high trading volume at 520% of normal. Relative to the market the stock has been weak over the last nine months and has declined -7.0% during the last week.
Current PriceTarget Research Rating
Synopsys has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Synopsys has a neutral Power Rating of 42 but a poor Appreciation Score of 17, leading to the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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