<div id="readability-page-1"><p>03:10 PM EDT, 05/15/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:</p><p>We lower our 12-month target price by $24 to $79, applying a forward P/E of 7.6x our 2027 EPS estimate, below the peer average of 10.4x given SYF's lower FICO score customer base. We decrease our 2026 adjusted EPS estimate to $9.33 from $9.55 and reduce 2027's to $10.46 from $10.70. We lower our outlook due to concerns about credit quality, as real wage growth has turned negative. While SYF has delivered strong recent performance, with net charge-offs declining Y/Y for four consecutive quarters, we believe this trend may now reverse given SYF's exposure to middle-income consumers and inflation reaching three-year highs. However, two factors provide some offset. First, SYF's retailer share agreements are structured to adjust based on credit performance, meaning the company's costs should decline if credit quality worsens, providing a natural hedge. Second, the recently recaptured Walmart partnership remains a compelling long-term growth driver, and we expect it to become one of SYF's top partnerships.</p> <p>MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</p></div>

<p>CFRA 已将 Synchrony Financial 的股票评级从买入下调至持有，并将 12 个月目标价下调至 79 美元。由于对信用质量的担忧以及实际工资增长的负面影响，2026 年和 2027 年的调整后每股收益预期已被下调。尽管近期表现强劲，但由于 SYF 对中等收入消费者的暴露和高通胀，风险依然存在。然而，该公司的零售商协议和与沃尔玛的合作可能提供增长机会</p>

研究警报：CFRA 将 Synchrony Financial 的股票评级从买入调降至持有