Truist lowered the firm’s price target on Synchrony (SYF) to $84 from $92 and keeps a Hold rating on the shares. The firm is adjusting its model after the company’s earnings and guidance, stating it was “a little optimistic” on credit, the analyst tells investors in a research note.
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Read More on SYF:
- Synchrony price target lowered to $85 from $91 at RBC Capital
- Synchrony price target lowered to $95 from $100 at TD Cowen
- Synchrony price target lowered to $84 from $86 at JPMorgan
- Synchrony Financial: Buy Rating Reaffirmed as Near-Term Expense Pressures Mask Attractive Valuation and 2026 Earnings Power
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