TD Cowen Maintains Buy on Synchrony Finl, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Moshe Orenbuch has maintained a Buy rating on Synchrony Financial (SYF) and increased the price target from $49 to $51.
April 25, 2024 | 5:56 pm
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Synchrony Financial's Buy rating was maintained by TD Cowen, with the price target raised from $49 to $51.
The increase in price target by a reputable analyst like Moshe Orenbuch suggests a positive outlook on Synchrony Financial's stock, likely due to strong financial performance or positive market trends. This endorsement could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100