Morgan Stanley Maintains Equal-Weight on Synovus Finl, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Synovus Financial Corp. (SNV) and raises the price target from $29 to $37.
February 07, 2024 | 8:55 pm
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Morgan Stanley has maintained an Equal-Weight rating on Synovus Financial Corp. (SNV) and increased the price target from $29 to $37.
The increase in price target by a reputable analyst like Manan Gosalia at Morgan Stanley suggests a positive outlook on the stock's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100