Morgan Stanley Keeps Their Hold Rating on Synchrony Financial (SYF)

Morgan Stanley analyst Jeffrey Adelson maintained a Hold rating on Synchrony Financial today and set a price target of $83.00.

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Adelson covers the Financial sector, focusing on stocks such as SLM, Navient, and Rocket Companies. According to TipRanks, Adelson has an average return of -10.1% and a 40.23% success rate on recommended stocks.

In addition to Morgan Stanley, Synchrony Financial also received a Hold from J.P. Morgan’s Richard Shane in a report issued today. However, on the same day, Barclays maintained a Buy rating on Synchrony Financial (NYSE: SYF).

Based on Synchrony Financial’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.83 billion and a net profit of $1.08 billion. In comparison, last year the company earned a revenue of $4.99 billion and had a net profit of $789 million