Synovus announces earnings for third quarter 2024
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October 18, 2024 5:56 AM EDT
Citi analyst Benjamin Gerlinger raised the price target on Synovus Financial (NYSE: SNV) to $59.00 (from $53.00) while maintaining a Buy rating.
The analyst comments "Leading into 3Q earnings, sentiment on SNV was rather negative given the presumed asset sensitive balance sheet. While results showed... More
October 17, 2024 4:14 PM EDT
DA Davidson analyst Kevin Fitzsimmons raised the price target on Synovus Financial (NYSE: SNV) to $60.00 (from $53.00) while maintaining a Buy rating.
The analyst comments "Synovus reported stronger than expected third quarter results as revenue beat our and Street estimates, and updated 4Q guidance... More
October 17, 2024 4:13 PM EDT
Stephens analyst Russel Gunther raised the price target on Synovus Financial (NYSE: SNV) to $52.00 (from $46.00) while maintaining a Equal Weight rating.
The analyst comments "A broad-based PPNR beat topped the Street by $0.06 with a related 4Q24 guide of $260M (at the midpoints), nearly 5%... More
October 17, 2024 6:21 AM EDT
Truist Securities analyst Jennifer Demba reiterated a Buy rating and $52.00 price target on Synovus Financial (NYSE: SNV)
The analyst comments "SNV reported 3Q24 EPS of $1.18 and core EPS of $1.23, 15.1%/13.3% above our/Street estimates, respectively. Adjusted PPNR of $262mn was 5%/2% above us/Street, driven primarily core fee upside (4%/2%) and... More
October 17, 2024 6:09 AM EDT
Stephens analyst Russel Gunther reiterated an Equal Weight rating and $46.00 price target on Synovus Financial (NYSE: SNV)
The analyst comments "Operating EPS of $1.23 beat Consensus of $1.08 and Stephens of $1.05, while core PPNR of $262M beat the Street ($251M) by $0.06 and Stephens by $0.09.... More
