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Synovus price target raised to $65 from $55 at RBC Capital

RBC Capital raised the firm’s price target on Synovus (SNV) to $65 from $55 and keeps an Outperform rating on the shares. Synovus had a strong quarter with solid noninterest revenues and loan growth as drivers, the analyst tells investors in a research note. The bank’s asset quality is healthy, RBC adds.

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