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RBC Capital Remains a Hold on Synchrony Financial (SYF)

Tipranks - Sat Apr 11, 9:14PM CDT

In a report released yesterday, Jon Arfstrom from RBC Capital maintained a Hold rating on Synchrony Financial, with a price target of $85.00.

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According to TipRanks, Arfstrom is a 5-star analyst with an average return of 13.1% and a 57.23% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Huntington Bancshares, Webster Financial, and Bread Financial Holdings.

In addition to RBC Capital, Synchrony Financial also received a Hold from TipRanks – OpenAI’s OpenAI Financial – Credit Services in a report issued yesterday. However, on the same day, TipRanks – PerPlexity reiterated a Buy rating on Synchrony Financial (NYSE: SYF).

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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