On Oct 17, major Wall Street analysts update their ratings for $Synchrony Financial (SYF.US)$, with price targets ranging from $40 to $68.
Morgan Stanley analyst Jeffrey Adelson maintains with a sell rating, and adjusts the target price from $37 to $40.
J.P. Morgan analyst Richard Shane maintains with a hold rating, and adjusts the target price from $53 to $59.
Barclays analyst Terry Ma maintains with a hold rating, and adjusts the target price from $49 to $59.
Deutsche Bank analyst Mark DeVries maintains with a buy rating, and adjusts the target price from $58 to $68.
Wells Fargo analyst Donald Fandetti maintains with a hold rating, and adjusts the target price from $53 to $60.
Furthermore, according to the comprehensive report, the opinions of $Synchrony Financial (SYF.US)$'s main analysts recently are as follows:
Synchrony delivered a strong EPS showing, and the narrative regarding delinquency stabilization persists. Despite these factors, the outlook remains cautious due to potential risks including the imposition of a late fee cap, credit expectations, and a forecasted deceleration in spending growth by 2025.
Post the Q3 report, the mitigant impact and credit were key areas of focus, with the view that Synchrony demonstrated sufficient progress in both areas to alleviate any concerns.
Synchrony's third-quarter outcomes displayed ongoing advancements in credit stabilization and compensation for lost late fees. This progress persists despite the evolving landscape of litigation and political events, which now suggest that the anticipated impact on late fee revenue might be less probable.
The third-quarter earnings per share (EPS) of $1.94 surpassed market expectations, bolstered by robust net interest income and margins. It has been highlighted that the company's updated earnings guidance for FY24, which excludes the Pets Best gain, is based on the assumption that there will be no late fee regulation in 2024. This is a shift from earlier projections that included an October 1 implementation forecast.
The company's Q3 earnings surpassed expectations, demonstrating solid fundamentals with core performance aligning with projections. Credit trends at the company are showing signs of stabilization, and the return to normal growth is indicative of the firm's commitment to credit discipline amidst the current economic conditions.
Here are the latest investment ratings and price targets for $Synchrony Financial (SYF.US)$ from 14 analysts:
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美東時間10月17日，多家華爾街大行更新了$Synchrony Financial (SYF.US)$的評級，目標價介於40美元至68美元。
摩根士丹利分析師Jeffrey Adelson維持賣出評級，並將目標價從37美元上調至40美元。
摩根大通分析師Richard Shane維持持有評級，並將目標價從53美元上調至59美元。
巴克萊銀行分析師Terry Ma維持持有評級，並將目標價從49美元上調至59美元。
德意志銀行分析師Mark DeVries維持買入評級，並將目標價從58美元上調至68美元。
富國集團分析師Donald Fandetti維持持有評級，並將目標價從53美元上調至60美元。
此外，綜合報道，$Synchrony Financial (SYF.US)$近期主要分析師觀點如下：
Synchrony表現出色的每股收益，關於逾期帳款穩定的講述仍然存在。儘管存在這些因素，但由於潛在風險（包括對滯納金上限的施加、信貸預期以及到2025年預計支出增長的減速），展望依然保持謹慎。
在發佈第三季度報告之後，緩解影響和信貸是關注的重點領域，認爲Synchrony在這兩個領域取得了足夠的進展以消除任何顧慮。
Synchrony第三季度業績顯示信貸穩定和彌補已失去的滯納金持續改進。儘管訴訟和政治事件的不斷演變，現在顯示出預期對滯納金收入的影響可能性較小，這一進展仍在持續。
第三季度每股收益爲1.94美元，超過市場預期，得益於強勁的淨利息收入和利差。有人指出，公司對FY24的更新盈利指引，排除了Pets Best的收益，是基於這樣一個假設，即在2024年不會出台滯納金規定。這是從早期的預測（包含了預計執行日期爲10月1日的預測）中轉變過來的。
公司第三季度盈利超過預期，核心業績表現強勁，與預期一致。公司的信貸趨勢顯示出穩定跡象，恢復正常增長表明公司在當前經濟條件下對信貸紀律的承諾。
以下爲今日14位分析師對$Synchrony Financial (SYF.US)$的最新投資評級及目標價：
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