TD Cowen analyst Moshe Orenbuch raised the firm’s price target on Synchrony (SYF) to $100 from $91 and keeps a Buy rating on the shares. The firm updated its price target to reflect is outlook in the Specialty Finance sector affected by macro economic factors and secualr growth in various areas of credit card, auto lending, student lending, non-prime lending, buy-now-pay-later, and lease to own.
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Read More on SYF:
- Synchrony price target raised to $100 from $91 at TD Cowen
- Synchrony price target raised to $97 from $86 at Evercore ISI
- Synchrony price target raised to $98 from $85 at Goldman Sachs
- Synchrony price target raised to $101 from $86 at Barclays
- Synchrony price target raised to $100 from $95 at Wells Fargo