Alert: Major Price Advance (12/15/23)-Synchronoss Technologies Inc (NASDAQ: SNCR).


On 12/15/23, Synchronoss Technologies Inc (NASDAQ: SNCR) stock enjoyed a major increase of 28.2%, closing at $4.86. Moreover, trading volume in this advance was exceptionally high at 436% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 916.7% during the last week.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SNCR is expected to be Value Creation neutral.

Synchronoss Technologies has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Synchronoss Technologies has a poor Power Rating of 30 and a poor Appreciation Score of 21, and the Lowest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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