Synovus Financial (SNV) PT Lowered to $39 at Barclays

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Synovus Financial (SNV) PT Lowered to $41 at RBC Capital

April 19, 2024 6:49 AM EDT

RBC Capital analyst Jon Arfstrom lowered the price target on Synovus Financial (NYSE: SNV) to $41.00 (from $44.00) while maintaining a Outperform rating.

The analyst comments "We are recapping 1Q results. We viewed this as an acceptable quarter, though the stock was weaker than... More

Synovus Financial (SNV) PT Lowered to $40 at BofA Securities

April 19, 2024 6:02 AM EDT

BofA Securities analyst Ebrahim Poonawala lowered the price target on Synovus Financial (NYSE: SNV) to $40.00 (from $44.00) while maintaining a Buy rating.

The analyst comments "At 1.1x YE24e TBV/share (vs. our 14% ROTCE forecast) and 8x 2025 P/E (vs. 9x peer median) stock... More

Synovus Financial (SNV) PT Lowered to $40 at Wells Fargo

April 19, 2024 5:59 AM EDT

Wells Fargo analyst Jared Shaw lowered the price target on Synovus Financial (NYSE: SNV) to $40.00 (from $42.00) while maintaining a Overweight rating.

The analyst comments "A weak start to 2024 for NII and credit trends, however we think the effect is temporary in nature, with... More