Morgan Stanley Reiterates Equal-Weight on Synovus Finl, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia has reiterated an Equal-Weight rating on Synovus Financial Corp (NYSE:SNV) and maintained a $30 price target.
July 24, 2023 | 1:50 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Synovus Financial Corp and maintained a $30 price target.
The news is directly about Synovus Financial Corp and is likely to have a neutral impact on its stock price in the short term. The Equal-Weight rating suggests that Morgan Stanley believes the stock is fairly valued at its current price. The maintenance of the $30 price target indicates that the analyst does not expect significant price movement in the near future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100