RBC Capital Maintains Outperform on Synovus Finl, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains an Outperform rating on Synovus Financial (NYSE:SNV) and raises the price target from $49 to $57.
October 18, 2024 | 1:25 pm
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POSITIVE IMPACT
RBC Capital has reaffirmed its Outperform rating on Synovus Financial and increased the price target from $49 to $57, indicating a positive outlook.
The increase in the price target from $49 to $57 by RBC Capital suggests a positive outlook for Synovus Financial. The reaffirmation of the Outperform rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100