By: Benzinga
UPDATE: JP Morgan Raises PT on Synaptics on Indication of Samsung Smartphone Win
JP Morgan maintained Synaptics (NASDAQ: SYNA ) with an Overweight rating and raised the price target from $38.00 to $42.00. JP Morgan analyst Paul Coster wrote, "Early tear-down reports indicate that SYNA has won a touch-controller slot on Samsung's flagship smartphone, the Galaxy S4. SYNA is building momentum at Samsung
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