Morgan Stanley Maintains Equal-Weight on Synovus Finl, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Synovus Financial (NYSE:SNV) and raises the price target from $41 to $51.
August 05, 2024 | 5:24 pm
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Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Synovus Financial (NYSE:SNV) and raises the price target from $41 to $51.
The raised price target from $41 to $51 by a reputable analyst at Morgan Stanley is likely to have a positive short-term impact on Synovus Financial's stock price. The Equal-Weight rating suggests a neutral stance, but the significant increase in the price target indicates improved expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100