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Fly News Breaks for December 20, 2018
FCB, SNV
Dec 20, 2018 | 08:05 EDT
Baird analyst Garrett Holland assumed coverage of Synovus (SNV), upgrading the stock to Outperform with a $44 price target. In a research note to investors, Holland says core trends should remain solid with better relative loan growth, rising capital return and further efficiency improvement. He also thinks the FCB Financial (FCB) transaction should be favorable, despite investor skepticism and negative sentiment.
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