JP Morgan Maintains Overweight on Synovus Finl, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Synovus Financial (NYSE:SNV) and raises the price target from $52 to $59.
October 18, 2024 | 3:16 pm
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JP Morgan has reaffirmed its Overweight rating on Synovus Financial and increased the price target from $52 to $59, indicating a positive outlook.
The increase in price target from $52 to $59 by JP Morgan 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 impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100