Synchrony Financial rises after Wells Fargo raises PT to $100

Synchrony Financial

05/01/2026 17:16

** Shares of credit card issuer Synchrony Financial SYF.N rise 2.63% to $86.88

** Wells Fargo raises PT on SYF to $100 from $95, an 18.1% upside to stock's last close

** Brokerage cites SYF has a line‑of‑sight to higher growth and lower credit costs, supported by a major new partnership and excess capital return

** The Walmart/OnePay partnership is ramping faster than any deal in SYF’s history, backed by Walmart’s fintech push and a strong 5% cash back offer for Walmart+ customers, brokerage says

** SYF is easing credit restrictions after two years of tight underwriting, with delinquency and loss rates now back to pre‑pandemic levels; this shift should quickly reignite loan growth — Wells Fargo

** 15 of 23 brokerages rate the stock "buy" or "higher" and 8 hold; median PT is $86 — data compiled by LSEG

** Including session's moves, SYF up 29.7% in last 12 months

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))