Reports suggest that **Synchrony Financial's (NYSE:SYF)** stock has seen substantial activity, with organizations such as **Cibc World Markets Corp** and **Pinebridge Investments L.P.** boosting their stakes. However, the company has underperformed at times when compared to competitors. New coverage was initiated by **BTIG Research**, while **IME** is partnering with Synchrony to enhance home improvement solutions. The company's Q1 2024 earnings call transcript has been released, though there was a 4% decrease in stocks since the last earnings report. **Vinva Investment Management Ltd** and **Rafferty Asset Management LLC** have invested significant stakes, while others like 1832 Asset Management and **California State Teachers Retirement System** have reduced their positions. The company is identified as a top value stock for the long-term, and an agreement was finalized to buy **Ally Financial's** point-of-sale business.***BRP** also announced a partnership with Synchrony to offer retail financing options. Despite potential risks from charge-offs, the company still seems promising as it completed the acquisition of **Ally Lending**.
Synchrony Financial SYF News Analytics from Tue, 18 Jul 2023 07:00:00 GMT to Sun, 09 Jun 2024 14:21:25 GMT -
Rating 4
- Innovation -2
- Information 6
- Rumor -2
