$SNPS

Synopsys reported Q3 FY2026 revenue of $2.48B, up 42.4% YoY, and raised full-year guidance. Analysts at 24/7 Wall St. predict a 25% upside to $496.97, citing strong fundamentals and AI-driven growth. However, shares are down 15.45% YTD due to China-related challenges and high valuation.

Morgan Stanley upgraded Synopsys (SNPS) stock, according to Barchart. The consensus rating is 'Strong Buy' with a mean price target of $551, suggesting ~40% upside potential over the next year.

JPMorgan upgraded Meta (META) to Overweight with a $820 target, citing AI-driven growth. Wells Fargo upgraded Synopsys (SNPS) to Overweight with a $475 target, and Yum! Brands (YUM) to Overweight with a $175 target. StoneX upgraded Block (XYZ) to Buy with a $105 target. Freedom Broker upgraded Caterpillar (CAT) to Buy with a $980 target. Arete downgraded Uber (UBER) to Neutral with a $74 target. Evercore ISI downgraded Chewy (CHWY) to In Line with a $25 target. William Blair downgraded Cooper Co

Analysts made several calls on Thursday, including Truist initiating Nebius with a Buy rating and $355 price target, Deutsche Bank initiating Clover Health with a Buy rating and $6 target, and Wells Fargo upgrading Synopsys and Yum Brands. Morgan Stanley initiated Revolution Medicine and upgraded TC Energy and DT Midstream. JPMorgan upgraded Meta to Overweight with an $820 target and reiterated Tesla as Neutral.

Morgan Stanley upgraded Synopsys (SNPS) to Overweight, maintaining a $500 price target. The stock is trading at $396.11, which is 39.9% undervalued according to its GF Value™ of $659.20. Synopsys has a GF Score™ of 88/100, indicating strong growth potential but concerns about valuation. Insider activity shows significant selling, with $40.7 million in sales over the last three months.

Morningstar identified 11 new 4-star undervalued stocks, including ASML, Synopsys, CRH, Autodesk, and Magna International. ASML is trading at a 16% discount to its $2,050 fair value estimate, while Synopsys is at a 24% discount to its $520 estimate. The US stock market is moderately undervalued, with 33% of covered stocks undervalued.

Analysts upgraded Intel (INTC) to Outperform with a $120 target, citing business progress and CPU shortages. Airbnb (ABNB) was upgraded to Outperform with a $200 target, highlighting growth and AI opportunities. Synopsys (SNPS) was upgraded to Overweight with a $500 target, citing Ansys integration. Lockheed Martin (LMT) was upgraded to Buy with a $674 target, expecting 9% annual revenue growth. Costco (COST) was upgraded to Buy with a $1,030 target, noting strong retail performance. Best Buy (B

Intel (INTC) upgraded to Outperform with $120 target at Northland. Lockheed Martin (LMT) upgraded to Buy with $674 target at UBS. SpaceX (SPCX) initiated Buy with $220 target at Pivotal. August payrolls exceeded expectations, increasing rate hike odds. Bitcoin volatile post-jobs report, trading at $78,210.

Analysts made several calls on Tuesday, including upgrades for Eaton (ETN) to buy with a $515 target, Nvidia (NVDA) as strong buy, Apple (AAPL) as buy ahead of its iPhone event, and Lockheed Martin (LMT) to buy. Other notable actions include initiations for Willis Lease Finance (WLFC) as buy, JBT Marel (JBTM) at buy, and UiPath (PATH) as buy. Downgrades include Peloton (PTON) to underweight.

Morgan Stanley upgraded Synopsys (SNPS) and downgraded Infineon (IFNNY), citing a need for selectivity in the semiconductor sector. The firm expects strong AI demand to support the industry.