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SYF PR B — Synchrony Financial News Story

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Credit card firm Synchrony Financial hits record high

** Shares of credit card issuer Synchrony Financial SYF.N hit record high; last up 1.9% at $71.50

** SYF set to report Q2 results on Tuesday, July 22; Wall Street expects EPS to jump to $1.74

** On Wednesday, Morgan Stanley had raised SYF PT to $70 from $48

** SYF is among a few names that stand out as having the highest levels of excess capital among banks, according to analysts

** 15 of 22 brokerages rate the stock "buy" or higher and 7 "hold"; median PT $75.50 - data compiled by LSEG

** As of last close, SYF stock up 7.9% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))

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