<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 已將 Synchrony Financial 的股票評級從買入下調至持有，並將 12 個月目標價下調至 79 美元。由於對信用質量的擔憂以及實際工資增長的負面影響，2026 年和 2027 年的調整後每股收益預期已被下調。儘管近期表現強勁，但由於 SYF 對中等收入消費者的暴露和高通脹，風險依然存在。然而，該公司的零售商協議和與沃爾瑪的合作可能提供增長機會</p>

研究警報：CFRA 將 Synchrony Financial 的股票評級從買入調降至持有