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Fly News Breaks for December 2, 2019
SYF
Dec 2, 2019 | 06:20 EDT
BofA/Merrill analyst Ryan Cary resumed coverage of Synchrony with a Buy rating and $42 price target. The analyst sees the stock as a "leading consumer finance provider" with a positive view on its competitive positioning, scale, and the backdrop of a healthy U.S. consumer. Cary also believes that Synchrony can counter the macro risks of a slower economy with strong underlying fundamentals and future share gains.
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