Core Insights - Synopsys, Inc. has been upgraded to "Buy" by Bank of America, with a price target increase from $500.00 to $560.00, indicating attractive stock potential following recent results [1] - The company's non-GAAP EPS guidance for fiscal year 2026 is projected at a midpoint of $14.36, surpassing consensus estimates of $14.11, with raised estimates for fiscal years 2026 and 2027 to $14.37 and $17 respectively [2] - Synopsys is recognized as a lower-beta, AI-levered candidate with recurring sales linked to resilient chip design R&D spending, despite a recent ~20% stock run [2] Company Overview - Synopsys, Inc. specializes in software and services for silicon-to-systems design, including electronic design automation (EDA) tools, silicon IP, and system verification and validation [2] Market Context - The relative derisking of China and Intel sales, along with strong growth at Ansys, positions Synopsys favorably for stock catch-up potential and earnings per share (EPS) beats in the upcoming year [1]