Wells Fargo Maintains Equal-Weight on Synchrony Finl, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Donald Fandetti has maintained an Equal-Weight rating on Synchrony Financial (NYSE:SYF) while raising the price target from $53 to $60.
October 17, 2024 | 5:13 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Synchrony Financial and increased the price target from $53 to $60, indicating a positive outlook.
The increase in price target from $53 to $60 by Wells Fargo suggests a positive outlook for Synchrony Financial, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100