Truist Securities Maintains Buy on Synovus Finl, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jennifer Demba maintains a 'Buy' rating on Synovus Financial (SNV) but lowers the price target from $37 to $31.
September 27, 2023 | 4:38 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Buy' rating on Synovus Financial but lowers the price target from $37 to $31.
The news is directly related to Synovus Financial (SNV). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term performance of the stock. However, the impact is neutral as the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100