Truist Securities Maintains Buy on Synovus Finl, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Synovus Financial (NYSE:SNV) and increased the price target from $52 to $57, indicating confidence in the company's future performance.
October 21, 2024 | 3:10 pm
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Truist Securities has reaffirmed its Buy rating on Synovus Financial and increased the price target from $52 to $57, suggesting a positive outlook for the company's stock.
The increase in price target from $52 to $57 by Truist Securities, along with the maintained Buy rating, indicates a positive outlook for Synovus Financial. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100