Analysts Conflicted on These Financial Names: Bit Digital (BTBT), Synovus (SNV) and Citizens Financial (CFG)

Analysts have been eager to weigh in on the Financial sector with new ratings on Bit Digital (BTBT – Research Report), Synovus (SNV – Research Report) and Citizens Financial (CFG – Research Report).

Bit Digital (BTBT)

In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Bit Digital, with a price target of $4.50. The company’s shares closed last Monday at $2.29, close to its 52-week low of $1.76.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 6.0% and a 44.4% success rate. Gomes covers the Industrial Goods sector, focusing on stocks such as Great Lakes Dredge & Dock, Orion Group Holdings, and Kratos Defense.

Bit Digital has an analyst consensus of Strong Buy, with a price target consensus of $5.17.

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Synovus (SNV)

In a report released today, Casey Haire from Jefferies maintained a Buy rating on Synovus, with a price target of $44.00. The company’s shares closed last Monday at $38.70, close to its 52-week high of $40.92.

According to TipRanks.com, Haire is a 4-star analyst with an average return of 5.9% and a 56.2% success rate. Haire covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, Texas Capital Bancshares, and Cullen/Frost Bankers.

Currently, the analyst consensus on Synovus is a Moderate Buy with an average price target of $41.67, implying an 8.4% upside from current levels. In a report issued on April 22, Truist Financial also maintained a Buy rating on the stock with a $39.00 price target.

Citizens Financial (CFG)

In a report released today, Jason Goldberg from Barclays maintained a Hold rating on Citizens Financial, with a price target of $40.00. The company’s shares closed last Monday at $35.76, close to its 52-week high of $36.38.

According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 10.6% and a 61.1% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Bank of New York Mellon Corporation, and First Citizens BancShares.

Currently, the analyst consensus on Citizens Financial is a Moderate Buy with an average price target of $38.42, which is a 7.6% upside from current levels. In a report issued on May 1, J.P. Morgan also maintained a Hold rating on the stock with a $36.00 price target.

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