| Over a week ago | ||||
Virtual Meeting to be… Virtual Meeting to be held on February 9 hosted by Stephens. | ||||
Virtual Meeting to be… Virtual Meeting to be held on February 9 hosted by Stephens. | ||||
| Over a month ago | ||||
In December, a CEO… In December, a CEO transition plan was announced, and Kevin Blair was named to the Board. In April 2021, Chairman and CEO Kessel Stelling will move into the role of Executive Chairman and Kevin Blair will become CEO. | ||||
Reports Q4 FTE revenue… Reports Q4 FTE revenue $501.5M, consensus $482.73M. | ||||
Piper Sandler analyst… Piper Sandler analyst Brad Milsaps raised the firm's price target on Synovus Financial to $40 from $37 and keeps an Overweight rating on the shares. | |
Jefferies analyst Casey… Jefferies analyst Casey Haire upgraded Synovus to Buy from Hold with a price target of $40, up from $24. He expects the stock's valuation metrics to close their gap with peers in 2021 and thinks growth forecasts could prove conservative if pent-up demand returns in the second half of this year, as it did last summer in the Southeast, Haire tells investors. | |
Jefferies analyst Casey… Jefferies analyst Casey Haire upgraded Synovus Financial to Buy from Hold with a $40 price target. | |
As previously reported,… As previously reported, RBC Capital analyst Steven Duong upgraded Synovus to Outperform from Sector Perform with a price target of $40, up from $28. He had concerns around capital adequacy and credit for Synovus heading into and during the pandemic, but the company's latest public comments have left him feeling more comfortable that those two concerns will not weigh on the stock in the near-term, Duong tells investors. He sees Synovus' profitability improving alongside the economy, the analyst added. | |
RBC Capital analyst… RBC Capital analyst Steven Duong upgraded Synovus Financial Group to Outperform from Sector Perform with a price target of $40, up from $28. |