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Stock impact report

Wall Street Bulls Look Optimistic About Synchronoss (SNCR): Should You Buy? [Yahoo! Finance]

Synchronoss Technologies, Inc. (SNCR) 
Last synchronoss technologies, inc. earnings: 3/9 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: synchronoss.com/company/investor-relations
Company Research Source: Yahoo! Finance
Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Synchronoss (SNCR). Synchronoss currently has an average brokerage recommendation (ABR) of 1.67, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by three brokerage firms. An ABR of 1.67 approximates between Strong Buy and Buy. Of the three recommendations that derive the current ABR, two are Strong Buy, representing 66.7% of all recommendations. Check price target & stock forecast for Synchronoss here While the ABR calls for buying Synchronoss, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerag Show less Read more
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