TD Cowen analyst Moshe Orenbuch lowered the firm’s price target on Synchrony (SYF) to $95 from $100 and keeps a Buy rating on the shares. The firm updated its model following its Q4 beat on Provisions although NII and Opex were weaker and guidance was in-line with expectations.
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Read More on SYF:
- 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
- Synchrony upgraded to Buy from Neutral at Compass Point
- Synchrony price target lowered to $96 from $100 at BTIG
- Synchrony price target lowered to $93 from $101 at Barclays