Bel Fuse Inc. (BELFB) Reaches $21.60 Formed H&S; Synopsys, Inc. (SNPS) Covered By 6 Bullish Analysts Last Week

Among 9 analysts covering Synopsys Inc. (NASDAQ:SNPS), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Synopsys Inc. had 28 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating by DA Davidson given on Thursday, August 18. The stock of Synopsys, Inc. (NASDAQ:SNPS) earned “Buy” rating by Needham on Thursday, December 1. RBC Capital Markets maintained the shares of SNPS in report on Monday, June 19 with “Buy” rating. maintained the shares of SNPS in report on Monday, October 10 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, September 20 report. The stock has “Buy” rating by Pacific Crest on Tuesday, August 25. RBC Capital Markets maintained Synopsys, Inc. (NASDAQ:SNPS) on Thursday, November 30 with “Buy” rating. The firm earned “Buy” rating on Monday, July 31 by RBC Capital Markets. Benchmark initiated the shares of SNPS in report on Wednesday, September 9 with “Hold” rating. RBC Capital Markets maintained the shares of SNPS in report on Wednesday, November 22 with “Buy” rating. See Synopsys, Inc. (NASDAQ:SNPS) latest ratings:

12/12/2017 Broker: J.P. Morgan Rating: Sell New Target: $87.0 Downgrade
30/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $120.0 Maintain
30/11/2017 Broker: Needham Rating: Buy New Target: $100.0 Maintain
30/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $106.0 Maintain
28/11/2017 Broker: DA Davidson Rating: Buy New Target: $105.0
22/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $110.0 Maintain
25/10/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Top Pick Upgrade
20/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $90.0 Maintain
17/08/2017 Broker: Needham Rating: Buy New Target: $83.0
15/08/2017 Broker: Credit Suisse Rating: Outperform Old Target: $82 New Target: $90 Maintain

Bel Fuse Inc. (BELFB) formed H&S with $20.52 target or 5.00% below today’s $21.60 share price. Bel Fuse Inc. (BELFB) has $255.26M valuation. The stock decreased 3.57% or $0.8 during the last trading session, reaching $21.6. About 24,709 shares traded. Bel Fuse Inc. (NASDAQ:BELFB) has risen 41.76% since January 25, 2017 and is uptrending. It has outperformed by 25.06% the S&P500.

Since August 18, 2017, it had 0 insider purchases, and 5 selling transactions for $3.77 million activity. CHAN CHI-FOON had sold 3,750 shares worth $290,635. 4,545 Synopsys, Inc. (NASDAQ:SNPS) shares with value of $409,607 were sold by WALSKE STEVEN. Nikias Chrysostomos L sold $1.81 million worth of Synopsys, Inc. (NASDAQ:SNPS) on Tuesday, January 2. The insider RUNKEL JOHN F JR sold 10,000 shares worth $880,000. Logan Joseph W sold $384,946 worth of Synopsys, Inc. (NASDAQ:SNPS) on Friday, August 18.

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.19, from 1.2 in 2017Q2. It dived, as 27 investors sold Synopsys, Inc. shares while 155 reduced holdings. 51 funds opened positions while 133 raised stakes. 131.73 million shares or 0.13% more from 131.56 million shares in 2017Q2 were reported. Maryland-based Proshare Advisors Llc has invested 0.02% in Synopsys, Inc. (NASDAQ:SNPS). Us Savings Bank De has 0.02% invested in Synopsys, Inc. (NASDAQ:SNPS) for 70,734 shares. Swedbank reported 1.11% stake. Public Employees Retirement Association Of Colorado stated it has 0.02% in Synopsys, Inc. (NASDAQ:SNPS). Clinton Gru has 0.71% invested in Synopsys, Inc. (NASDAQ:SNPS) for 79,798 shares. Cipher Limited Partnership has 0.74% invested in Synopsys, Inc. (NASDAQ:SNPS). Peddock Capital Limited Liability Com invested 0.14% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS). Mai holds 19,154 shares or 0.09% of its portfolio. Macquarie Grp Ltd has invested 0.27% in Synopsys, Inc. (NASDAQ:SNPS). Dekabank Deutsche Girozentrale holds 0.06% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS) for 98,976 shares. Korea Investment, Korea-based fund reported 76,705 shares. Schroder Inv Mngmt Gru holds 0.08% in Synopsys, Inc. (NASDAQ:SNPS) or 566,099 shares. Cibc World Mkts reported 22,570 shares. Chicago Equity Partners Limited Liability Com holds 25,595 shares or 0.07% of its portfolio. Commerzbank Aktiengesellschaft Fi invested in 7,370 shares.

The stock decreased 0.58% or $0.54 during the last trading session, reaching $92.84. About 711,647 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since January 25, 2017 and is uptrending. It has outperformed by 28.95% the S&P500.

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits (ICs). The company has market cap of $13.81 billion. It offers Galaxy Design platform that provides IC design solutions; Verification Continuum Platform, which offers virtual prototyping, static and formal verification, simulation, emulation, field-programmable gate array (FPGA) prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It has a 105.5 P/E ratio. The firm also provides DesignWare intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating point components, and ARM AMBA interconnect fabric and peripherals.

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