What 8 Analyst Ratings Have To Say About Synchrony Finl
Portfolio Pulse from Benzinga Insights
Synchrony Financial (NYSE:SYF) received mixed analyst ratings over the past three months, with a shift towards a more bearish stance in the last 30 days. The average 12-month price target for SYF has been raised to $40.88, indicating a 10.49% increase from the previous target. Analysts from firms like Morgan Stanley, Stephens & Co., and Goldman Sachs have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. Synchrony Financial, a leader in private-label credit cards, has shown solid revenue growth and profitability but faces challenges in ROE and ROA.
February 08, 2024 | 6:00 pm
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Synchrony Financial has received mixed analyst ratings, with a notable increase in its 12-month average price target to $40.88. The company has demonstrated solid revenue growth and profitability, although it faces challenges in ROE and ROA.
The increase in the average price target suggests a positive outlook on Synchrony Financial's stock price in the short term, despite mixed ratings. The company's solid revenue growth and profitability are likely to be viewed positively by investors, although concerns about ROE and ROA could temper some enthusiasm. The recent adjustments by analysts, including both upgrades and downgrades, indicate a nuanced view of the company's prospects.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100