Synopsys shares are trading higher after Piper Sandler upgraded its rating on the stock from Neutral to Overweight and raised its price target from $450 to $550.

Synopsys, Inc.

Synopsys, Inc.

SNPS

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Synopsys shares are trading higher after Piper Sandler upgraded its rating on the stock from Neutral to Overweight and raised its price target from $450 to $550.