Deutsche Bank Initiates Coverage On Synchrony Finl with Buy Rating, Announces Price Target of $56
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Mark Devries has initiated coverage on Synchrony Financial (NYSE:SYF) with a Buy rating and set a price target of $56.
January 10, 2024 | 12:10 pm
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Deutsche Bank has initiated coverage on Synchrony Financial with a Buy rating and a price target of $56.
Analyst ratings, especially from major banks like Deutsche Bank, can influence market perception and investor confidence. A Buy rating combined with a price target that suggests significant upside from the current trading price is likely to be viewed positively by investors, potentially driving short-term price appreciation.
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IMPORTANCE 85
RELEVANCE 100