Synovus Financial Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Synovus Financial (NYSE:SNV)

Group 1 - Synovus Financial Corp. is set to release its third-quarter earnings results on October 15, with expected earnings of $1.35 per share, an increase from $1.23 per share in the same period last year [1] - The company projects quarterly revenue of $603.18 million, compared to $564.72 million a year earlier [1] - An $8.6 billion all-stock merger was announced between Pinnacle and Synovus on July 24 [1] Group 2 - Synovus Financial shares increased by 3.6%, closing at $47.84 [2] - Analysts have provided various ratings and price target adjustments for Synovus, with Truist Securities maintaining a Buy rating but lowering the price target from $58 to $56 [4] - Keefe, Bruyette & Woods downgraded the stock from Outperform to Market Perform, reducing the price target from $65 to $50 [4] - Stephens & Co. maintained an Equal-Weight rating and cut the price target from $60 to $54 [4] - Barclays kept an Overweight rating while lowering the price target from $70 to $65 [4] - DA Davidson maintained a Buy rating and raised the price target from $60 to $63 [4]