Synovus announces earnings for third quarter 2024
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Synovus Financial (SNV) PT Raised to $59 at Citi
October 18, 2024 5:56 AM EDTCiti 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
Synovus Financial (SNV) PT Raised to $60 at DA Davidson
October 17, 2024 4:14 PM EDTDA 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
Synovus Financial (SNV) PT Raised to $52 at Stephens
October 17, 2024 4:13 PM EDTStephens 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
Truist Securities Reiterates Buy Rating on Synovus Financial (SNV)
October 17, 2024 6:21 AM EDTTruist 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
Stephens on Synovus Financial (SNV), 'we expect the stock to relatively outperform on the print'
October 17, 2024 6:09 AM EDTStephens 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
