Synchrony Financial (SYF) recently has been the subject of various investment actions involving diverse financial organizations. Patton Fund Management Inc. diminished its holding, while companies like Park Avenue Securities, Canoe Financial, NorthCrest Asset Management and others significantly increased their stock positions. JMP Securities and Wall Street Zen both gave 'Buy' ratings, with the target price raised to $88 from $77. With promising activities in strategic partnerships, such as the hearing health financing partnership with Audibel and portfolio talks centering around the competitive $21 billion Apple Card opportunity, SYF is experiencing a buoyant stage in its operations.
It's worthy to note that these moves come after the company reported strong Q2 earnings. Moreover, SYF announced a partnership with Sun Country Airlines to launch a Premium Travel Card Program. Yet, despite these positive trends, some entities, including MEAG MUNICH ERGO Kapitalanlagegesellschaft, Acadian Asset Management, and Canada Pension Plan Investment Board reduced their quantity of Synchrony shares.
Synchrony Financial SYF News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sat, 27 Sep 2025 08:43:59 GMT - Rating 6 - Innovation 5 - Information 6 - Rumor -2
