Synchrony price target raised to $82 from $71 at Truist

Truist analyst Brian Foran raised the firm’s price target on Synchrony (SYF) to $82 from $71 and keeps a Hold rating on the shares. The firm is positive on the company’s better credit growth and bigger buyback, the analyst tells investors in a research note. Active accounts seem partly down to less big-ticket promo financing however, the firm added.