Truist Lowers Synchrony Financial (SYF) PT to $84 Following Cautious Credit Outlook, Adjusted 2026 Guidance

Core Viewpoint - Synchrony Financial (NYSE:SYF) is currently considered one of the most undervalued quality stocks available for investment, despite recent adjustments in price targets by various financial institutions [1][2][3]. Group 1: Price Target Adjustments - Truist reduced its price target for Synchrony to $84 from $92 while maintaining a Hold rating, citing an overly optimistic previous outlook on credit following the company's recent earnings report [1]. - RBC Capital adjusted its price target for Synchrony to $85 from $91, maintaining a Sector Perform rating, and described the quarter as encouraging due to year-over-year gains in credit metrics and spending volumes [2]. - TD Cowen lowered its price target for Synchrony to $95 from $100 while keeping a Buy rating, noting a beat on provisions but weaker-than-expected net interest income and operating expenses [3]. Group 2: Company Overview - Synchrony Financial operates as a consumer financial services company in the US, providing credit products such as credit cards, commercial credit products, and consumer installment loans [4].