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Fly News Breaks for March 7, 2018
SNV
Mar 7, 2018 | 07:19 EDT
As previously reported, Morgan Stanley analyst Ken Zerbe upgraded Synovus to Equal Weight from Underweight, as he thinks the valuation is no longer expensive given Synovus' EPS growth, which is moderately better than peers, and its profitability, which has considerably narrowed its gap with peers. Zerbe raised his price target on Synovus to $53 from $52.