JMP Raises Price Target On Synchrony Financial (SYF) To $88 From $77

Core Insights - Synchrony Financial (NYSE:SYF) is recognized as one of the S&P 500 stocks with a low PE ratio, indicating potential undervaluation in the market [1] - JMP Securities has maintained a Market Outperform rating on SYF and increased the price target from $77 to $88, reflecting positive management statements and strong credit results reported through August [1][2] - The company management has reiterated its 2025 guidance while JMP upgraded its 2026 EPS estimate from $8.82 to $9.04, and raised the target 2026 EPS multiple from approximately 9x to 10x, highlighting competitive advantages against BNPL competitors [2] Company Overview - Synchrony Financial is a Connecticut-based consumer financial services company that provides a range of credit products, commercial credit, installment loans, and deposit products such as savings accounts, IRAs, and money market accounts [3]