Baird Downgrades Synchrony Financial (SYF) To Neutral, Maintains Price Target of $82

Core Viewpoint - Synchrony Financial (NYSE:SYF) is experiencing mixed analyst ratings, with Baird downgrading the stock to Neutral while maintaining a price target of $82, amidst concerns over its exposure to lower-end consumers and recent stock performance [1][2]. Group 1: Analyst Ratings and Price Targets - Baird downgraded Synchrony Financial to Neutral from Outperform, keeping the price target at $82 [1][2]. - BTIG reiterated a Buy rating with a price target of $100, following a strong earnings report that exceeded consensus estimates [3]. - The consensus opinion among 23 Wall Street analysts remains broadly positive, with an average price target of $83.13, indicating a potential upside of 3.4% [5]. Group 2: Financial Performance and Forecasts - Synchrony Financial's CFO noted improvements in payment rates and credit mix, leading to reduced interest and fees, which prompted a cut in the net revenue forecast for fiscal 2025 to between $15 billion and $15.1 billion [4]. - The stock has shown a strong performance in 2025, returning 24% year-to-date [6]. Group 3: Market Sentiment - Despite a weaker revenue outlook impacting investor sentiment, BTIG believes that the factors contributing to this decline may accelerate growth for Synchrony Financial in fiscal 2026 [5].