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Synchrony price target raised to $72 from $70 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Synchrony (SYF) to $72 from $70 and keeps an Equal Weight rating on the shares. The company reported a “low quality” earnings beat in Q2 as its loan growth remains “sluggish,” the analyst tells investors in a research note. The firm, however, it optimistic on Synchrony’s tone regarding loan growth in 2026.

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