Research Alert: CFRA Lowers Opinion On Shares Of Synchrony Financial To Hold From Buy
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CFRA has downgraded Synchrony Financial's stock rating from Buy to Hold, lowering the 12-month target price to $79. Adjusted EPS estimates for 2026 and 2027 have been reduced due to concerns over credit quality amid negative real wage growth. Despite recent strong performance, risks remain due to SYF's exposure to middle-income consumers and high inflation. However, the company's retailer agreements and the Walmart partnership may provide growth opportunities.
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