<div id="readability-page-1"><p><span>Synchrony Financial (NYSE:SYF - Get Free Report)</span> had its price target hoisted by stock analysts at Truist Financial  from $78.00 to $92.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a &#34;hold&#34; rating on the financial services provider's stock. Truist Financial's price target points to a potential upside of 7.09% from the company's previous close.</p><ul><li>3 Key Stocks Boosting Buybacks Amid Improving Fundamentals</li></ul><p>Several other brokerages have also recently issued reports on SYF. HSBC upgraded shares of Synchrony Financial from a &#34;hold&#34; rating to a &#34;buy&#34; rating and raised their target price for the company from $73.00 to $81.00 in a report on Friday, October 10th. Keefe, Bruyette &amp; Woods lifted their price objective on Synchrony Financial from $82.00 to $86.00 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, October 1st. Robert W. Baird  reiterated a &#34;neutral&#34; rating and set a $82.00 target price on shares of Synchrony Financial in a report on Friday, December 5th. Wolfe Research initiated coverage on shares of Synchrony Financial in a research note on Monday, December 8th. They issued an &#34;outperform&#34; rating and a $92.00 target price for the company. Finally, Wall Street Zen lowered shares of Synchrony Financial from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Friday, November 28th. One research analyst  has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eleven have issued  a Hold rating to the company's stock. According to MarketBeat, Synchrony Financial  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $83.33.</p><div><p><span></span><span>Get <strong>Synchrony Financial</strong> alerts:</span></p></div><p><b>Read Our Latest Stock Analysis on SYF</b></p><h2>Synchrony Financial Trading Up 1.4%</h2><ul><li>3 Stocks Just Announced Intentions to Buyback Near 10% of Shares</li></ul><p>Shares of NYSE SYF traded up $1.23 during trading hours on Monday, hitting $85.91. 572,122 shares of the company traded hands, compared to its average volume of 3,837,593. The stock has a market capitalization of $30.94 billion, a price-to-earnings ratio of 9.37, a price-to-earnings-growth ratio of 0.59 and a beta of 1.46. The company's 50 day moving average price is $76.17 and its 200 day moving average price is $72.37. Synchrony Financial has a 12 month low of $40.54 and a 12 month high of $86.22. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.91. </p><p>Synchrony Financial (NYSE:SYF - Get Free Report) last issued its earnings results on Wednesday, October 15th. The financial services provider reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.64. Synchrony Financial had a return on equity of 22.96% and a net margin of 15.84%.The business had revenue of $3.82 billion during the quarter, compared to analysts' expectations of $3.79 billion. During the same period in the prior year, the business earned $1.94 EPS. The business's revenue for the quarter was up .2% compared to the same quarter last year.  On average, equities research analysts anticipate that  Synchrony Financial will post 7.67 earnings per share for the current fiscal year. </p><ul><li>These 3 Stocks Have Huge Last 12 Months Shareholder Yields</li></ul><p>Synchrony Financial declared that its Board of Directors has initiated a share buyback program on Wednesday, October 15th that allows the company to buyback $1.00 billion in    shares. This buyback authorization allows the financial services provider to buy up to 3.7% of its stock  through open market purchases. Stock  buyback programs are often a sign that the company's board believes its stock is undervalued. </p><h2>Insider Activity at Synchrony Financial</h2><p>In related news, Director Arthur W. Coviello, Jr. sold 8,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $73.93, for a total transaction of $591,440.00. Following the completion of the sale, the director directly owned 35,769 shares in the company, valued at approximately $2,644,402.17. This trade represents a 18.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, insider Darrell Owens sold 2,989 shares of the company's stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $74.02, for a total transaction of $221,245.78. Following the completion of the sale, the insider owned 16,096 shares of the company's stock, valued at $1,191,425.92. This represents a 15.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 55,075 shares of company stock valued at $4,036,892. 0.33% of the stock is currently owned by insiders. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently bought and sold shares of SYF. Westside Investment Management Inc. increased its holdings in shares of  Synchrony Financial by 100.0% during the third quarter. Westside Investment Management Inc. now owns 358 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 179 shares in the last quarter.  FWL Investment Management LLC bought a new stake in shares of  Synchrony Financial in the third quarter valued at approximately $26,000.  Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of  Synchrony Financial during the second quarter worth $26,000.  Palisade Asset Management LLC bought a new position in  Synchrony Financial in the 3rd quarter worth about $29,000.  Finally, Salomon &amp; Ludwin LLC increased its holdings in  Synchrony Financial by 54.9% during the 3rd quarter. Salomon &amp; Ludwin LLC now owns 412 shares of the financial services provider's stock worth $29,000 after acquiring an additional 146 shares during the period. Institutional investors and hedge funds own  96.48% of the company's stock. </p><h2>About Synchrony Financial</h2> (Get Free Report)<p>Synchrony Financial <span>NYSE: SYF<span></span></span> is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.  </p><p>Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants' checkout experiences.</p><h2>See Also</h2><ul><li>Five stocks we like better than Synchrony Financial</li><li>The Fed Pivot Signal Smart Money’s Been Waiting For</li><li>This AI–Quantum Company Expects to Hit $274M in Revenue for 2025</li><li>Nvidia’s Dirty Secret</li><li>Do not delete, read immediately</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZRg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZRg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Synchrony Financial Right Now?</h2><p>Before you consider Synchrony Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Synchrony Financial wasn't on the list.</p><p>While Synchrony Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Truist Financial raised Synchrony Financial's price target from $78.00 to $92.00, maintaining a "hold" rating. This suggests a potential upside of 7.09%. Other analysts have varied ratings, with an average consensus of "Moderate Buy" and a price target of $83.33. Synchrony Financial's stock is trading up 1.4%, with a market cap of $30.94 billion. The company announced a $1 billion share buyback program, indicating potential undervaluation.</p>

Synchrony Financial (NYSE:SYF) Given New $92.00 Price Target at Truist Financial