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:
Note:
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美東時間10月18日，多家華爾街大行更新了$西諾烏斯金融 (SNV.US)$的評級，目標價介於51美元至57美元。
美銀證券分析師Ebrahim Poonawala維持買入評級，並將目標價從48美元上調至57美元。
花旗分析師Ben Gerlinger維持買入評級，維持目標價53美元。
巴克萊銀行分析師Jared Shaw維持買入評級，並將目標價從49美元上調至56美元。
富國集團分析師Timur Braziler維持持有評級，並將目標價從46美元上調至51美元。
加皇資本市場分析師Jon Arfstrom維持買入評級，並將目標價從49美元上調至57美元。
此外，綜合報道，$西諾烏斯金融 (SNV.US)$近期主要分析師觀點如下：
公司第三季度的業績超出預期，主要是由於減少準備金和嚴格控制開支。展望未來，第四季度的指引和對FY25的早期評論表明，即使面臨潛在的聯邦儲備利率下調，淨利息收益率也可能保持穩定。因此，第四季度和FY25每股收益的預測已適度增加。
在第三季度報告後，該銀行展示出貸款和存款的強勁增長，以及強勁的費用和信貸表現，導致全面超出預期。
公司表現強勁，略有邊際增加和淨利息收入增長，結合良好維持的資產負債表、降低信貸成本和有效管理的基礎性開支。通過最近的資產負債表重塑和持續的戰略努力，公司處於良好位置，可能導致邊際穩定或增加，並提供了未來近中期基本貸款增長的機會。
以下爲今日10位分析師對$西諾烏斯金融 (SNV.US)$的最新投資評級及目標價：
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