Truist Securities Maintains Buy on Synovus Finl, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Synovus Financial (NYSE:SNV) and increased the price target from $50 to $52, indicating a positive outlook for the company's stock.
September 20, 2024 | 4:12 pm
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Truist Securities has maintained its Buy rating on Synovus Financial and raised the price target from $50 to $52, suggesting a positive short-term outlook for the stock.
The increase in the price target from $50 to $52 by Truist Securities indicates a positive sentiment towards Synovus Financial's future performance. The Buy rating suggests confidence in the stock's potential to appreciate, likely leading to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100