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Fly News Breaks for March 14, 2018
SYF
Mar 14, 2018 | 08:39 EDT
Buckingham analyst Chris Brendler initiated Synchrony (SYF) with a Buy and $42 price target telling investors it is the "clear leader" in an underappreciated segment of the card market as retailers strive to leverage data from proprietary cards in order to compete with Amazon (AMZN). Brendler expects improving credit trends to be a key catalyst in 2018 combine with superior growth, profitability, and capital return potential for this "abnormally inexpensive" stock.
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