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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNV:
- Synovus’s Strong Financial Performance and Strategic Positioning Drive Buy Rating
- Synovus upgraded to Outperform from Market Perform at Keefe Bruyette
- Synovus upgraded to Outperform from Market Perform at Raymond James
- Synovus Financial Corp. Reports Strong Q2 2025 Earnings
- Synovus Financial Corp Reports Strong Q2 Earnings