HSBC Initiates Coverage On Synchrony Finl with Hold Rating, Announces Price Target of $32
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has initiated coverage on Synchrony Financial (SYF) with a Hold rating and a price target of $32.
October 13, 2023 | 10:52 am
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NEUTRAL IMPACT
HSBC has initiated coverage on Synchrony Financial with a Hold rating and a price target of $32.
The Hold rating from HSBC indicates a neutral outlook for Synchrony Financial. The price target of $32 suggests that HSBC believes the stock is fairly valued at this price. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100