Keefe, Bruyette & Woods Upgrades Synchrony Finl to Outperform, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Sanjay Sakhrani upgraded Synchrony Financial (SYF) from Market Perform to Outperform and increased the price target from $45 to $62.
May 02, 2024 | 11:24 am
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Synchrony Financial was upgraded from Market Perform to Outperform by Keefe, Bruyette & Woods, with the price target raised from $45 to $62.
The upgrade of Synchrony Financial by a reputable analyst firm to Outperform, along with a significant increase in the price target, suggests a strong bullish outlook for the stock. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100