JP Morgan Maintains Overweight on Synovus Finl, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos has maintained an Overweight rating on Synovus Financial (SNV) but lowered the price target from $40 to $34.
October 05, 2023 | 3:26 pm
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JP Morgan has maintained an Overweight rating on Synovus Financial but lowered the price target from $40 to $34.
The news is directly about Synovus Financial (SNV). JP Morgan's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $40 to $34 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100