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Analysts Offer Insights on Financial Companies: Northern (NTRS) and Synchrony Financial (SYF)

Tipranks - Thu Apr 23, 3:22AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Northern (NTRS) and Synchrony Financial (SYF) with bullish sentiments.

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Northern (NTRS)

In a report released yesterday, Ebrahim Poonawala from Bank of America Securities reiterated a Buy rating on Northern, with a price target of $190.00. The company’s shares closed last Tuesday at $171.74.

According to TipRanks.com, Poonawala is a top 100 analyst with an average return of 18.4% and a 78.2% success rate. Poonawala covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, Canadian Bank of Commerce, and Bank of New York Mellon. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Northern with a $159.50 average price target, representing a -1.5% downside. In a report issued on April 6, BMO Capital also upgraded the stock to Buy with a $168.00 price target.

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Synchrony Financial (SYF)

Bank of America Securities analyst Mihir Bhatia reiterated a Buy rating on Synchrony Financial yesterday and set a price target of $91.00. The company’s shares closed last Tuesday at $77.63.

According to TipRanks.com, Bhatia is a 5-star analyst with an average return of 8.8% and a 65.0% success rate. Bhatia covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Rocket Companies. ;'>

Currently, the analyst consensus on Synchrony Financial is a Moderate Buy with an average price target of $84.77, representing a 9.5% upside. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $90.00 price target.

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