Truist Securities Maintains Buy on Synovus Finl, Lowers Price Target to $34
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Jennifer Demba maintains a 'Buy' rating on Synovus Financial (SNV) but lowers the price target from $35 to $34.
June 29, 2023 | 3:58 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Buy' rating on Synovus Financial but lowers the price target from $35 to $34.
The news is directly related to Synovus Financial (SNV). While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100