On Oct 18, major Wall Street analysts update their ratings for $Synchrony Financial (SYF.US)$, with price targets ranging from $40 to $68.
Morgan Stanley analyst Jeffrey Adelson maintains with a sell rating, and maintains the target price at $40.
Goldman Sachs analyst Ryan Nash maintains with a buy rating, and adjusts the target price from $56 to $64.
Barclays analyst Terry Ma maintains with a hold rating, and adjusts the target price from $49 to $59.
Deutsche Bank analyst Mark DeVries maintains with a buy rating, and adjusts the target price from $58 to $68.
Evercore analyst John Pancari maintains with a buy rating, and maintains the target price at $58.
Furthermore, according to the comprehensive report, the opinions of $Synchrony Financial (SYF.US)$'s main analysts recently are as follows:
Synchrony displayed a 'solid' EPS performance and the narrative around delinquency stabilization persists. However, persistent concerns remain regarding the potential for a late fee cap, credit expectations, and a deceleration in spending growth projected for 2025.
Post the Q3 report, the perception is that Synchrony has adequately addressed key areas of focus, namely mitigant impact and credit, to assuage any concerns.
Synchrony's Q3 results demonstrated ongoing advancements towards credit stabilization and compensations for lost late fees. Despite the uncertainties arising from legal and political events, the anticipated impact on late fee revenue appears to be diminishing.
The company's third-quarter earnings per share of $1.94 exceeded expectations, bolstered by robust net interest income and margin strength. The new full-year 2024 earnings per share guidance, which excludes the Pets Best gain, assumes there will be no late fee rule in effect in 2024, contrasting with previous forecasts that incorporated an October 1 implementation.
The firm highlights Synchrony's third-quarter earnings surpassing expectations, emphasizing that the company's fundamentals remain robust with core performance aligning with projections. It's noted that credit trends at the company are showing signs of stability and that the observed growth normalization is indicative of the company's commitment to credit discipline within the current economic context.
Here are the latest investment ratings and price targets for $Synchrony Financial (SYF.US)$ from 10 analysts:
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美東時間10月18日，多家華爾街大行更新了$Synchrony Financial (SYF.US)$的評級，目標價介於40美元至68美元。
摩根士丹利分析師Jeffrey Adelson維持賣出評級，維持目標價40美元。
高盛集團分析師Ryan Nash維持買入評級，並將目標價從56美元上調至64美元。
巴克萊銀行分析師Terry Ma維持持有評級，並將目標價從49美元上調至59美元。
德意志銀行分析師Mark DeVries維持買入評級，並將目標價從58美元上調至68美元。
Evercore分析師John Pancari維持買入評級，維持目標價58美元。
此外，綜合報道，$Synchrony Financial (SYF.US)$近期主要分析師觀點如下：
Synchrony展示了穩健的每股收益表現，有關拖欠穩定的敘事仍然存在。然而，仍然存在對滯納金上限、信用預期以及2025年預計支出增長放緩的持續關注。
在發佈第三季度報告後，普遍認爲Synchrony已充分解決了重點關注領域，即減輕影響和信用方面，以消除任何疑慮。
Synchrony的第三季度業績顯示出持續向信用穩定和對丟失滯納金的補償的進展。儘管出現了來自法律和政治事件的不確定性，但對滯納金收入的預期影響似乎在減弱。
該公司第三季度每股收益爲1.94美元，超出預期，得益於強勁的淨利息收入和邊際實力。新的2024年全年每股收益指引，不包括Pets Best的收益，假設在2024年不會實施滯納金規定，與以前融入10月1日實施的預測形成鮮明對比。
該公司強調了Synchrony第三季度超出預期的盈利，強調公司基本面仍然健固，核心表現與預期保持一致。指出公司的信用趨勢顯示出穩定跡象，觀察到的增長正常化表明公司致力於在當前經濟背景下維持信用紀律。
以下爲今日10位分析師對$Synchrony Financial (SYF.US)$的最新投資評級及目標價：
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