Synopsys Analysts Flag Restructuring Needs, China Headwinds After Q3 Miss

Tech giants grapple with volatile market shifts as geopolitical tensions and competitive pressures reshape the semiconductor landscape. Shares of Synopsys Inc SNPS tanked in early trading on Wednesday, after the company reported downbeat fiscal third-quarter results.Here are some takeaways from analysts:BofA Securities analyst Vivek Arya downgraded the rating from Buy to Underperform, while slashing the price target from $625 to $525.Needham analyst Charles Shi maintained a Buy rating, while reducing the pr ...