Raymond James Upgrades Synovus Finl to Outperform, Announces $49 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Michael Rose has upgraded Synovus Financial (NYSE:SNV) from Market Perform to Outperform, setting a price target of $49.
September 17, 2024 | 3:50 pm
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Raymond James has upgraded Synovus Financial to Outperform with a $49 price target, indicating a positive outlook for the stock.
The upgrade from Market Perform to Outperform by a reputable analyst at Raymond James suggests increased confidence in Synovus Financial's future performance. The $49 price target indicates potential upside, likely leading to positive investor sentiment and a short-term increase in stock price.
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