Barclays Upgrades Synovus Finl to Overweight, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw has upgraded Synovus Financial (NYSE:SNV) from Equal-Weight to Overweight and raised the price target from $39 to $46.
June 24, 2024 | 4:21 pm
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Barclays analyst Jared Shaw has upgraded Synovus Financial (NYSE:SNV) from Equal-Weight to Overweight and raised the price target from $39 to $46.
The upgrade from Equal-Weight to Overweight and the increase in the price target from $39 to $46 by Barclays is a positive signal for investors. This suggests that the analyst sees significant upside potential in the stock, which is likely to drive short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100