Synchrony Financial shares are trading lower after RBC downgraded the stock from Outperform to Sector Perform.
Portfolio Pulse from Benzinga Newsdesk
Synchrony Financial's stock has been downgraded from Outperform to Sector Perform by RBC, leading to a decrease in the company's share price.
September 05, 2023 | 7:42 pm
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Synchrony Financial's stock was downgraded by RBC, which has resulted in a decrease in its share price.
The downgrade of Synchrony Financial's stock by RBC from Outperform to Sector Perform is a negative signal to investors, which has led to a decrease in the company's share price. This is likely to have a short-term negative impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100