Synchrony Financial, the Financial sector company, was revisited by a Wall Street analyst today. Analyst Moshe Orenbuch from TD Cowen maintained a Buy rating on the stock and has a $91.00 price target.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Moshe Orenbuch’s rating is based on a combination of factors that highlight Synchrony Financial’s strong performance and strategic outlook. The company reported a third-quarter earnings per share that exceeded both the analyst’s and consensus estimates, primarily due to a reserve release which offset slightly higher losses. This was complemented by a stronger-than-expected net interest income driven by a robust net interest margin.
Despite a lower revenue guidance, which was anticipated due to high payment rates affecting loan growth, the credit quality remains strong. Synchrony Financial has also demonstrated a proactive approach by buying back more shares than expected and announcing an additional buyback authorization. The company is poised to benefit from its strategic initiatives, including the ramp-up of the Walmart portfolio in 2026, which supports the Buy rating. The price target has been adjusted to $91, reflecting confidence in the company’s future earnings potential.