Extremely significant positive changes in Synchrony Financial (NYSE: SYF) investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Synchrony Financial (NYSE: SYF). Important positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
SYF is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Synchrony Financial has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Synchrony Financial has a good Power Rating of 74 and a good Appreciation Score of 84, producing the Highest Value Trend Rating.
Recent Price Action
Synchrony Financial (NYSE: SYF) stock closed at $37.45 on 1/3/24 after a modest decline of -1.3%. However, trading volume in this decline was below average at 77% of normal. The stock has declined -1.3% during the last week but has been strong relative to the market over the last nine months.
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