BTIG Affirms Synchrony Financial (SYF) at 'Buy' as New Catalyst Appears

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BTIG Positive on Synchrony Financial (SYF) into Q2 Report; Credit Issues Remain in Focus

July 11, 2016 2:16 PM EDT

BTIG affirms Synchrony Financial (NYSE: SYF) with a Buy rating and $42 price target ahead of the company's upcoming Q2 report on July 22nd.

Analyst Mark Palmer noted that the big item on the docket with be Synchrony addressing credit concerns. Palmer also offered the following key... More

Nomura Securities Reiterates Buy on Synchrony Financial (SYF) Following Better-Than-Expected Payout

July 8, 2016 9:18 AM EDT

Nomura Securities reiterated a Buy rating and $34.00 price target on Synchrony Financial (NYSE: SYF) following the approval of a better-than-expected payout of ~60%. Expectations for the payout were ~50%.

Analyst Bill Carcache commented, "SYF revealed its capital plan for the 2016 CCAR period (3Q16-2Q17) after... More

Synchrony Financial (SYF) Declares $0.13 Quarterly Dividend; $952M Buyback

July 7, 2016 5:30 PM EDT

Synchrony Financial (NYSE: SYF) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on August 25, 2016, to stockholders of record on August 12, 2016, with an ex-dividend date of August 10, 2016.

The annual yield on the dividend is 2... More