Deutsche Bank AG Reaffirms "Hold" Rating for Synchronoss Technologies, Inc. (SNCR)

Pablo Tucker
September 21, 2017

(NASDAQ:SNCR) earned "Hold" rating by Stifel Nicolaus on Thursday, February 4. The stock has "Buy" rating by Drexel Hamilton on Wednesday, June 1. Drexel Hamilton lowered shares of Synchronoss Technologies from a "buy" rating to a "hold" rating in a research report on Wednesday, June 14th. JP Morgan initiated Synchronoss Technologies, Inc.

Pacad Investment Ltd. boosted its position in Synchronoss Technologies, Inc. Crawford Inv Counsel holds 0.12% of its portfolio in BancFirst Corporation (NASDAQ:BANF) for 34,968 shares. Gotham Asset Management LLC now owns 330,707 shares of the software maker's stock worth $5,440,000 after acquiring an additional 173,944 shares during the period.

Investors sentiment increased to 1.45 in 2016 Q4. Its up 0.04, from 1.1 in 2016Q3. (NASDAQ:SNCR) shares with value of $43,494 were sold by Garcia Robert. 77 funds opened positions while 280 raised stakes. 61,008 were accumulated by Capital Fund Sa. Avalon Advisors Ltd reported 0.05% stake. Metropolitan Life Insur Ny reported 28,529 shares stake. Jennison Associates stated it has 0.05% in ClubCorp Holdings Inc (NYSE:MYCC). Taking the time to properly examine a company before purchasing shares may be the difference between healthy profits and disappointing losses. Integre Asset Management Llc bought 148,474 shares as the company's stock declined 59.16% while stock markets rallied. (NYSE:T). Weiss Multi accumulated 0.08% or 36,733 shares. 13,066 are held by Gru One Trading L P. Citigroup Inc holds 314,189 shares. Retail Bank Of America De invested 0.07% of its portfolio in Weyerhaeuser Co (NYSE:WY). Deutsche Bankshares Ag owns 433,002 shares or 0% of their U.S. portfolio. It improved, as 8 investors sold BancFirst Corporation shares while 29 reduced holdings. Rhumbline Advisers reported 65,150 shares. ValuEngine downgraded Synchronoss Technologies from a "buy" recommendation to a "hold" recommendation in a analysis note on Friday morning, Jun 2nd. Therefore 54% are positive.

A number of other brokerages also recently commented on SNCR. The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, July 25. The rating was maintained by Jefferies on Wednesday, June 21 with "Buy". Raymond James Financial, Inc.'s price objective points to a potential upside of 7.46% from the company's previous close. The firm earned "Hold" rating on Tuesday, July 11 by Imperial Capital. (NASDAQ:SNCR) were released by: Fool.com and their article: "Why Shares of Synchronoss Technologies Are Crashing Today" published on September 19, 2017 as well as Fool.com's news article titled: "Why Shares of Synchronoss Technologies Tumbled Today" with publication date: June 14, 2017. 40 funds opened positions while 85 raised stakes.


Synchronoss Technologies, Inc (Synchronoss) offers cloud solutions and software-based activation for mobile carriers, enterprises, retailers and original equipment manufacturers (OEMs). (NASDAQ:SNCR) for 10,700 shares. Hillsdale Invest Mgmt has 11,348 shares for 0.22% of their portfolio. 27,694 are held by State Board Of Administration Of Florida Retirement Systems.

Currently, EPS of J. C. Penney Company, Inc. Blackrock Limited invested in 3,612 shares or 0% of the stock. Days to cover decreased from 18.0 to 18.0 and the short interest percentage is 0.13% as of August 31.

Shares of Neovasc Inc.

Synchronoss stock plummeted by 37% to 10.44 in morning deals on the stock market today. Goldman Sachs Inc accumulated 0% or 103,722 shares. Synchronoss the same day said it would divest a portion of its business to Sequential Technology International for $146 million. Synchronoss Technologies presently has an average rating of "Hold" and an average price target of $20.13.


Shares in Synchronoss Technologies (SNCR) lost more than a third of their value Tuesday after a proposed takeover by private equity firm Siris Capital Group stalled.

Synchronoss Technologies, Inc is a global software and services company, which provides technologies and services for the mobile transformation of business. At Fincl Bank has invested 0.17% in Synchronoss Technologies, Inc. (NASDAQ:SNCR). 345,410 were reported by Geode Cap Mngmt. Credit Suisse downgraded Synchronoss Technologies, Inc.

Since March 20, 2017, it had 1 insider buy, and 0 selling transactions for $21.57 million activity.

Now the shares of J. C. Penney Company, Inc. $43,494 worth of Synchronoss Technologies, Inc. It turned negative, as 56 investors sold WY shares while 276 reduced holdings.


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