Analyst Expectations for Synovus Finl's Future
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings for Synovus Financial Corp. (NYSE:SNV), with 4 bullish, 3 somewhat bullish, and 1 indifferent rating in the last quarter. The average 12-month price target for SNV is now $33.12, down from $35.92, with a high of $38.00 and a low of $29.00. The decrease in the average price target suggests analysts have become slightly more cautious about the stock's future performance.
December 06, 2023 | 6:00 pm
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Synovus Financial Corp. (SNV) has received a mix of bullish and somewhat bullish ratings, with an average price target that has decreased by 7.8% to $33.12. This suggests analysts are slightly more cautious about the stock's future performance.
The decrease in the average price target for SNV indicates a more conservative outlook from analysts, which could lead to a neutral short-term impact on the stock price. However, the overall sentiment remains more bullish than bearish, with no analysts giving a bearish rating. This mixed sentiment may result in a balanced market reaction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100