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Synchrony price target lowered to $93 from $101 at Barclays

Barclays lowered the firm’s price target on Synchrony (SYF) to $93 from $101 and keeps an Overweight rating on the shares following the Q4 report. Investors are concerned about the spending growth guidance for fiscal 2026, but investments are needed for Synchrony to lay the groundwork to return to a long-term target of 7%-10% loan growth, the analyst tells investors in a research note.

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