Synchrony Financial Reports Third Quarter Net Earnings of $574 Million or $0.69 Per Diluted Share

UBS Cuts Price Target on Synchrony Financial (SYF) Following 3Q Earnings Report

UBS maintained a Neutral rating on Synchrony Financial (NYSE: SYF), and cut the price target to $33.50 (from $35.00), following the company's 3Q earnings results. During the quarter the company saw 12% y/y growth in its receivables portfolio.

Analyst Matthew Howlett commented, "We are... More

Nomura Securities Upgrades Synchrony Financial (SYF) to Buy

Nomura Securities upgraded Synchrony Financial (NYSE: SYF) from Neutral to Buy with a price target of $38.00 (from $35.00).

Analyst Bill Carcache commented, "We are upgrading SYF to Buy from Neutral (TP to $38 from $35) based on our view that recent technical pressure relating to... More

UBS Reiterates Buy Following General Electric's (GE) 3Q Results

UBS reiterated a Buy rating and $32.00 price target on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Oil & Gas revenues were down 7% organically but operating margins were up 70 bps (100 bps organically). GE is taking $1B+ of cost out of its Oil & Gas business 2015-16.... More

Synchrony Financial (SYF) Number Lifted at Bernstein Post Q3; Buy on GE Exchange Weakness

Bernstein analyst Kevin St. Pierre reiterated an Outperform rating and lifted estimates and his price target on Synchrony Financial (NYSE: SYF) to $41.00 (from $38.00) following solid results.

St. Pierre noted the stronger net interest income (driven by a higher margin) and a lower... More

Synchrony Financial (SYF) Tops Q3 EPS by 3c

Synchrony Financial (NYSE: SYF) reported Q3 EPS of $0.69, $0.03 better than the analyst estimate of $0.66. Platform revenue for the quarter came in at $2.7 billion, may not compare to the consensus estimate of $3.02 billion.

For earnings history and earnings-related data on Synchrony Financial (SYF) click here.