Goldman Sachs Maintains Neutral on Synovus Finl, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash maintains a Neutral rating on Synovus Financial (NYSE:SNV) and lowers the price target from $40 to $35.
May 19, 2023 | 12:16 pm
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Goldman Sachs analyst Ryan Nash maintains a Neutral rating on Synovus Financial (NYSE:SNV) and lowers the price target from $40 to $35.
Goldman Sachs' lowered price target for Synovus Financial (SNV) may cause short-term uncertainty among investors, but the Neutral rating suggests that the stock's overall performance is expected to remain stable. The lowered price target reflects a change in the analyst's outlook, but the Neutral rating indicates that the stock is neither a strong buy nor a strong sell.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100