Wells Fargo Maintains Overweight on Synovus Finl, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timur Braziler has maintained an Overweight rating on Synovus Financial Corp. (SNV) and increased the price target from $40 to $42.
April 10, 2024 | 4:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Synovus Financial Corp. and raised the price target from $40 to $42.
The upgrade in the price target by a reputable analyst like Timur Braziler from Wells Fargo is a strong positive signal for Synovus Financial Corp. It suggests a bullish outlook on the stock, based on Wells Fargo's analysis. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100