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Barclays Keeps Their Buy Rating on Synchrony Financial (SYF)

Tipranks - Tipranks - Tue Apr 7, 3:46AM CDT

In a report released today, Terry Ma from Barclays maintained a Buy rating on Synchrony Financial, with a price target of $82.00.

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According to TipRanks, Ma is a 3-star analyst with an average return of 2.7% and a 49.55% success rate. Ma covers the Financial sector, focusing on stocks such as American Express, SLM, and OneMain Holdings.

In addition to Barclays, Synchrony Financial also received a Buy from TD Cowen’s Moshe Orenbuch in a report issued on March 31. However, on March 23, Truist Financial maintained a Hold rating on Synchrony Financial (NYSE: SYF).

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Based on Synchrony Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.77 billion and a net profit of $751 million. In comparison, last year the company earned a revenue of $4.92 billion and had a net profit of $774 million

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