KeyBanc Sees Upside In Semiconductors Stock Like Nvidia, Qualcomm, Texas Instruments, Synaptics

  • KeyBanc analyst John Vinh raised the price target on NVIDIA Corp NVDA to $260 from $245, implying a 31.77% upside, and maintained an Overweight.
  • Vinh lowered the PT on Qualcomm Inc QCOM to $175 from $190, indicating a 38.14% upside, and reiterated an Overweight.
  • Vinh raised the PT on Texas Instruments Inc TXN to $250 from $240, suggesting a 31.3% upside, and affirmed an Overweight.
  • Vinh increased the PT on Synaptics Inc SYNA to $230 from $220, indicating a 31.11% upside, and maintained an Overweight.
  • The quarterly supply chain findings of the firms are mixed, as demand remains healthy. Still, many supply disruptions, including COVID lockdowns in Southeast Asia, power restrictions in China, and kitting issues, could result in near-term uncertainty and limit upside, Vinh notes.
  • Price Action: NVDA shares traded higher by 1.28% at $199.85, QCOM is down 0.06% at $126.6 in the premarket session on the last check Tuesday. TXN closed Monday's session at $190.40 and SYNA at $175.43.

Posted In: BriefsAnalyst ColorNewsPrice TargetReiterationAnalyst RatingsTech

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.