Wall Street Eyes +30% Upside in Synopsys After Huge Earnings Fall

Synopsys TodaySNPSSynopsys$425.45 -12.65 (-2.89%) 52-Week Range$365.74▼$651.73P/E Ratio33.39Price Target$585.33Add to WatchlistWhile stocks like Oracle NYSE: ORCL had an incredible day on Sept. 10, one name stuck out like a sore thumb. That stock was Synopsys NASDAQ: SNPS, a company that is among the most important players in the semiconductor ecosystem. Shares closed down by a whopping 36%, reacting to the company’s Sept. 9 earnings. However, markets were quick to see the selloff as overblown. Shares whip ...