Software Stocks Poised for Growth Following Trump Presidential Win, KeyBanc Says [Yahoo! Finance]
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
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US:NASDAQ Investor Relations:
synopsys.com/company/investor-relations.html
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Source: Yahoo! Finance
The company underlined that expected policy changes under Trump, like a pro-growth and deregulation agenda, might promote more investment in the technology and software industries. KeyBanc's research highlighted the possible major growth driverlower corporate tax ratesas a result of which Tax cuts would help businesses with large tax obligations, the company observed, therefore fostering a more favorable atmosphere for corporate growth and profitability. With Donald Trump as president, we see a likely backdrop of lower corporate taxes, which would be broadly positive for high-tax-paying companies within our coverage, KeyBanc said. KeyBanc cautioned, however, of probable hazards connected to trade policy. The paper discussed the significance of keeping an eye on possible tariffs, especially whether they would just affect China or have more general application to other nations. Additionally, we would be watchful for potential tariffs and whether that pertains to China solely or
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News
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- Synopsys, Inc. (NASDAQ: SNPS) is now covered by analysts at Loop Capital. They set a "buy" rating and a $675.00 price target on the stock.MarketBeat
SNPS
Earnings
- 8/21/24 - Beat
SNPS
Sec Filings
- 10/1/24 - Form 8-K
- 9/17/24 - Form 4
- 9/4/24 - Form 4
- SNPS's page on the SEC website