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SYNOPSYS needs direction.

NASDAQ:SNPS   Synopsys, Inc.
LONG TRADE ENTRY POINTS $131 OR ON BREAKOUT ABOVE $139.
AVERAGE ANALYSTS PRICE TARGET $136
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
SHORT INTEREST 1.2%
COMPANY PROFILE
Synopsys, Inc. engages in the provision of software products and consulting services in the electronic design automation industry. It provides intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs, as well as software and hardware that are used to develop the electronic systems that incorporate chips and the software that runs on the circuits. It also offers technical services to support the customers in industries such as electronics, financial services, energy, and industrials for developing chips and electronic systems. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Mountain View, CA.

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