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

in News on July 23, 2008 at 2:02 pm PT

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.”