JP Morgan Maintains Overweight on Synovus Finl, Raises Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Synovus Financial (NYSE:SNV) and raises the price target from $37 to $40.
July 21, 2023 | 2:49 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Synovus Financial and raises the price target from $37 to $40, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for Synovus Financial. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100