Synchrony Announces Approval of an Incremental $2.8 Billion Share Repurchase Program and Plans to Increase Quarterly Common Stock Dividend by 5% to $0.23 Per Share

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Synchrony Financial (SYF) PT Raised to $52 at BMO Capital

April 19, 2022 7:36 AM EDT

BMO Capital analyst James Fotheringham raised the price target on Synchrony Financial (NYSE: SYF) to $52.00 (from $49.00) while maintaining a Outperform rating following results.

The analyst commented, "Following SYFs 1Q22 broad-based beat, we raise estimates by up to 6% (better NII and credit) and increase our... More