Synopsys, Inc. (SNPS) Stock Could Jump to $600, Says Mizuho

Core Insights - Synopsys, Inc. is identified as an overlooked AI stock with a 'Buy' rating and a price target of $600, indicating a potential upside of approximately 32% [1] - Keysight Technologies has completed the acquisition of the Optical Solutions Group from Synopsys, enhancing its design engineering software portfolio and computer-aided engineering capabilities [2] - The acquisition allows Keysight to leverage advanced optical design tools, improving system-level simulation and design decisions in power, optical, and photonics [3] Company Overview - Synopsys, Inc. is a California-based company specializing in electronic design automation software for building and testing integrated circuits [3] - The company operates in two main segments: Design Automation and Design IP, providing silicon-to-systems solutions for AI-driven products [3]