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Synchrony price target lowered to $80 from $81 at Barclays

Barclays analyst Terry Ma lowered the firm’s price target on Synchrony (SYF) to $80 from $81 and keeps an Overweight rating on the shares following the Q2 report. With the Amazon partnership renewed and adding buy now pay later, and Walmart launching later this year, there is upside to Synchrony’s loan growth in fiscal 2026 and 2027, the analyst tells investors in a research note. The firm sees the company’s positive credit trends continuing.

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