Barclays Maintains Overweight on Synovus Finl, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Overweight rating on Synovus Financial (NYSE:SNV) and raises the price target from $49 to $56.
October 18, 2024 | 2:53 pm
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Barclays analyst Jared Shaw has maintained an Overweight rating on Synovus Financial and increased the price target from $49 to $56, indicating a positive outlook.
The increase in the price target from $49 to $56 by Barclays suggests a positive outlook for Synovus Financial. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100