Morgan Stanley Maintains Underweight on Synchrony Finl, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck maintains an Underweight rating on Synchrony Financial (NYSE:SYF) but raises the price target from $37 to $40.
October 17, 2024 | 1:11 pm
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Morgan Stanley's analyst Betsy Graseck maintains an Underweight rating on Synchrony Financial but raises the price target from $37 to $40.
The Underweight rating suggests a cautious outlook on SYF, but the raised price target indicates some positive expectations. The mixed signals may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100