These Analysts Revise Their Forecasts On Synchrony Financial After Q3 Results
Avi Kapoor 1 week ago
MarketsTrading IdeasNewsAnalyst RatingsPrice TargetEarnings
Synchrony beat Q3 EPS estimates but missed sales, raised FY2026 EPS guidance; Barclays lifted target to $94, while Evercore downgraded to In-Line.
Synchrony Financial (NYSE:SYF) on Tuesday posted mixed results for the third quarter.
The company posted quarterly earnings of $2.68 per share, beating market estimates of $2.43 per share. The company’s sales came in at $4.809 billion, missing expectations of $4.835 billion.
Synchrony Financial raised its FY2026 GAAP EPS guidance from $9.25-$9.50 to $9.50.
Synchrony Finl shares rose 0.4% to trade at $73.67 on Wednesday.
These analysts made changes to their price targets on Synchrony Finl following earnings announcement.
- Barclays analyst Terry Ma maintained the stock with an Overweight rating and raised the price target from $93 to $94.
- Evercore ISI Group analyst John Pancari downgraded the stock from Outperform to In-Line and lowered the price target from $80 to $78.
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