Source: Shutterstock It is safe to say that not all Reddit penny stocks come with a stamp of approval from Wall Street. However, Synchronoss Technologies is a little different. Analysts give it a consensus strong buy rating and a 12-month price target of $7.63, according to Tipranks. Considering current prices, that implies more than 130% of upside potential from here. So, what exactly is Synchronoss? Well, the company says its intellectual property is all about helping its customers improve relationships with their customers. SNCR’s platforms help create new revenue, reduce the cost of growth and help drive higher engagement levels. For instance,