On Oct 18, major Wall Street analysts update their ratings for $Synovus Financial (SNV.US)$, with price targets ranging from $51 to $57.
BofA Securities analyst Ebrahim Poonawala maintains with a buy rating, and adjusts the target price from $48 to $57.
Citi analyst Ben Gerlinger maintains with a buy rating, and maintains the target price at $53.
Barclays analyst Jared Shaw maintains with a buy rating, and adjusts the target price from $49 to $56.
Wells Fargo analyst Timur Braziler maintains with a hold rating, and adjusts the target price from $46 to $51.
RBC Capital analyst Jon Arfstrom maintains with a buy rating, and adjusts the target price from $49 to $57.
Furthermore, according to the comprehensive report, the opinions of $Synovus Financial (SNV.US)$'s main analysts recently are as follows:
The company's Q3 performance surpassed expectations, primarily due to reduced provisions and stringent control over expenses. Looking forward, Q4 guidance and early commentary on FY25 suggest that the net interest margin could remain stable, even in the face of potential Federal Reserve rate reductions. Consequently, projections for Q4 and FY25 earnings per share have been moderately increased.
Following the Q3 report, the bank displayed robust growth in loans and deposits, along with strong fees and credit performance, resulting in a comprehensive beat.
The company has exhibited a robust performance with a slight margin increase and growth in net interest income, coupled with a well-maintained balance sheet, reduced credit costs, and effectively managed foundational expenses. Through recent balance sheet repositioning and continuous strategic efforts, the company is well-placed, potentially leading to a stable or increasing margin and presenting opportunities for expedited fundamental loan growth in the near to medium future.
Here are the latest investment ratings and price targets for $Synovus Financial (SNV.US)$ from 10 analysts:
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美东时间10月18日，多家华尔街大行更新了$西诺乌斯金融 (SNV.US)$的评级，目标价介于51美元至57美元。
美银证券分析师Ebrahim Poonawala维持买入评级，并将目标价从48美元上调至57美元。
花旗分析师Ben Gerlinger维持买入评级，维持目标价53美元。
巴克莱银行分析师Jared Shaw维持买入评级，并将目标价从49美元上调至56美元。
富国集团分析师Timur Braziler维持持有评级，并将目标价从46美元上调至51美元。
加皇资本市场分析师Jon Arfstrom维持买入评级，并将目标价从49美元上调至57美元。
此外，综合报道，$西诺乌斯金融 (SNV.US)$近期主要分析师观点如下：
该公司第三季度的表现超出预期，主要是由于减少准备金和严格控制开支。展望未来，第四季度的指引和对FY25的初步评论表明，即使在潜在的美联储降息的情况下，净利息收益率也可能保持稳定。因此，第四季度和FY25的每股收益预期已适度提高。
在第三季度报告后，该银行贷款和存款实现强劲增长，手续费和信贷表现出色，全面超出预期。
该公司表现强劲，略有利润率增加和净利息收入增长，再加上一张良好维护的资产负债表，降低信贷成本和有效管理基础费用。通过最近的资产负债表重新定位和持续的战略努力，该公司处于良好位置，有望实现利润率稳定或增加，并提供机会促进未来中近期的基本贷款增长。
以下为今日10位分析师对$西诺乌斯金融 (SNV.US)$的最新投资评级及目标价：
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