Citigroup Initiates Coverage On Synovus Finl with Buy Rating, Announces Price Target of $53
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Benjamin Gerlinger has initiated coverage on Synovus Financial (NYSE:SNV) with a Buy rating and set a price target of $53.
October 10, 2024 | 1:53 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup has initiated coverage on Synovus Financial with a Buy rating and a price target of $53, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a major financial institution like Citigroup is likely to positively influence investor sentiment and could lead to an increase in SNV's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100