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Thursday, 01/08/2015 10:06:29 PM

Thursday, January 08, 2015 10:06:29 PM

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Evercore ISI Issues Buy Rating to Synchrony Financial
Joe Willams January 8, 2015
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Evercore ISI initiates coverage on Synchrony Financial (NYSE:SYF). Investors must note that the brokerage house has a Buy rating on the shares of the company. The Brokerage Firm announces its price target at $35 per share on the company.

In a different news, Equity Analysts at the BTIG Research downgrades the rating on Synchrony Financial (NYSE:SYF). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy.

Finally, Synchrony Financial (NYSE:SYF) climbed 0.35 points to end the trading session 1.21% higher. As the market opened, the first trade was executed at $29.52. Even as the stock skid to $28.91, the bullish mood lifted the stock price which closed at $29.2. $29.68 was the highest the mood could push the price to. The volume reading came in at 1,365,129 shares. The previous close of the counter was $28.85. The market cap of the company was $30.64 and the market cap of the stock is $24,346 million. The 52-week low of the shares is $22.6. There are 833,765,000 outstanding shares.


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