Evercore ISI lowered the firm’s price target on Synovus (SNV) to $48 from $52 and keeps an In Line rating on the shares. The firm is adjusting EPS estimates and target prices for several regional bank and specialty finance companies to reflect post-Q1 model revisions.
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Read More on SNV:
- Synovus price target lowered to $60 from $65 at DA Davidson
- Synovus price target lowered to $52 from $64 at RBC Capital
- Synovus price target lowered to $46 from $52 at Stephens
- Synovus price target lowered to $52 from $58 at Keefe Bruyette
- Synovus Financial: Hold Rating Amid Positive Earnings and Cautious Future Outlook