Compass Point analyst David Rochester raised the firm’s price target on Synchrony (SYF) to $77 from $60 and keeps a Buy rating on the shares. The firm has updated thoughts on bank M&A and the impact of Trump’s victory on bank valuation, stock price and EPS changes, the analyst tells investors.
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Read More on SYF:
- Synchrony Financial Reports Rising Delinquency and Charge-Off Rates
- Trump Trade: Analyst moves to sidelines on Capital One after Trump rally
- Synchrony price target raised to $82 from $62 at Keefe Bruyette
- Synchrony upgraded to Overweight from Neutral at JPMorgan
- Synchrony price target raised to $82 from $75 at BofA