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Synchrony Financial (NYSE:SYF) target bumped up to $33.00, issued a ratings update earlier today by Wells Fargo

Having a price of $31.45, Synchrony Financial (NYSE:SYF) traded -1.04% lower on the day. With the last close up 4.70% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Synchrony Financial has recorded a 50-day average of $30.18 and a two hundred day average of $30.01. Volume of trade was down over the average, with 3,397,547 shares of SYF changing hands under the typical 6,234,660

Reporting a potential upside of 0.05%, Wells Fargo upped the price target of Synchrony Financial (NYSE:SYF) to $33.00

Performance Chart

Synchrony Financial (NYSE:SYF)

With a total market value of $0, Synchrony Financial has price-earnings ratio of 11.80 with a one year low of $26.01 and a one year high of $38.06 .

A total of 21 analysts have released a research note on the company. 6 brokers rating the stock a strong buy, 13 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $37.29.

Brief Synopsis On Synchrony Financial (NYSE:SYF)

Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company's revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. It offers its credit products through its subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts. The Company offers three types of credit products: credit cards, commercial credit products and consumer installment loans. The Company also offers a debt cancellation product. It offers two types of credit cards: private label credit cards and Dual Cards.

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