News articles about Synchronoss Technologies (NASDAQ:SNCR) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Synchronoss Technologies earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 45.7057603526306 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the media stories that may have effected Accern Sentiment’s analysis:

A number of analysts recently issued reports on the company. BidaskClub upgraded Synchronoss Technologies from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 17th. Zacks Investment Research upgraded Synchronoss Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Stifel Nicolaus restated a “hold” rating and issued a $16.00 price target on shares of Synchronoss Technologies in a research report on Friday, June 23rd. Drexel Hamilton downgraded Synchronoss Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, June 14th. Finally, ValuEngine downgraded Synchronoss Technologies from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $24.00.

Shares of Synchronoss Technologies (NASDAQ SNCR) opened at 16.58 on Friday. The stock’s 50 day moving average price is $16.47 and its 200 day moving average price is $19.92. The company has a market capitalization of $729.24 million, a P/E ratio of 36.84 and a beta of 1.74. Synchronoss Technologies has a 52-week low of $10.11 and a 52-week high of $49.94.

COPYRIGHT VIOLATION NOTICE: “Synchronoss Technologies (SNCR) Receiving Somewhat Positive Press Coverage, Study Finds” was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://theolympiareport.com/2017/08/25/synchronoss-technologies-sncr-receiving-somewhat-positive-press-coverage-study-finds.html.

Synchronoss Technologies Company Profile

Synchronoss Technologies, Inc is a global software and services company, which provides technologies and services for the mobile transformation of business. The Company’s portfolio in the Consumer and Enterprise markets contains offerings, such as personal cloud, secure-mobility, identity management and scalable messaging platforms, products and solutions.

Insider Buying and Selling by Quarter for Synchronoss Technologies (NASDAQ:SNCR)

Receive News & Ratings for Synchronoss Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synchronoss Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.