All Things Digital

Skip to main content.

Synaptics: Oppenheimer Changes View on iPhone Threat to Other Touchsceen Phones; Flips Back to Outperform

Eric Savitz

Oppenheimer’s Yair Reiner has changed his mind on Synaptics (SYNA).

Last month, Reiner cut his rating on the maker of touchscreens used in mobile phones and other devices–on the theory that the aggressive $199 price tag on the new Apple (AAPL) iPhone 3G “will limit the market opportunity for Synaptics’ stable of potential customers.”

Today he changed his mind and flipped back to an Outperform rating, from Perform. “We downgraded a month ago on the thesis that the iPhone’s price reduction would curtail the market opportunity for the competing touchsceen handsets that Synaptics supplies,” he wrote today. “Our thesis was wrong.”

Read the rest of this post


Add a Comment

You must be logged in to post a comment. Sign up here or log in below.

Featured Video

About Voices

All content for Voices is selected by, and/or solicited by, the editors of All Things Digital. We do not publish unsolicited or over-the-transom submissions.

Read more »

Latest Voices

List of all voices »

About the Site

Because the site is wholly owned by Dow Jones, publisher of The Wall Street Journal, we aim to adhere to the journalistic standards of the best of the mainstream media. But, because it is run autonomously as a small online startup, we aim to exhibit the fresh thinking and nimbleness of the best of the new media. We want to be first, and sassy, but also well sourced and accurate. We will offer lots of opinion and analysis, but plenty of fact as well.

Read more »