Wells Fargo raises Synchrony Financial PT on better loan growth outlook

Synchrony Financial

01/07/2025 13:24

** Wells Fargo raises price target of Synchrony Financial SYF.N to $75 from $65, a ~12.4% upside on stock's last close

** Brokerage says SYF is well positioned to selectively ease credit restrictions, supporting loan growth

** 15 of 22 brokerages rate the stock "buy" or higher, seven "hold"; their median PT is $68 - LSEG data

** As of last close, stock up ~2.7% YTD

 (Reporting by Prakhar Srivastava in Bengaluru)

 ((Prakhar.srivastava2@thomsonreuters.com))