Synchrony price target raised to $98 from $85 at Goldman Sachs

Group 1 - Goldman Sachs raised the price target on Synchrony (SYF) to $98 from $85 while maintaining a Buy rating on the shares [1] - Regional banks underperformed the market by 200-300 basis points in 2025 due to macro concerns and credit worries, although stocks rallied 13% late in the year [1] - Looking ahead to 2026, factors such as solid loan growth, net interest income momentum, positive operating leverage, and improving returns indicate continued multi-year fundamental improvement, with credit risk being the main wildcard [1]