JMP Securities Maintains Market Outperform on Synchrony Finl, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf maintains a Market Outperform rating on Synchrony Financial (NYSE:SYF) and raises the price target from $49 to $60.
July 16, 2024 | 3:07 pm
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POSITIVE IMPACT
JMP Securities has maintained its Market Outperform rating on Synchrony Financial and increased the price target from $49 to $60, indicating strong confidence in the company's future performance.
The raised price target from $49 to $60 by JMP Securities suggests a positive outlook for Synchrony Financial. The Market Outperform rating indicates that the analyst expects the stock to perform better than the market average, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100