IPOs bring tax jackpot for California; can lawmakers resist? [MSN Money]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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Source: MSN Money
IPOs bring tax jackpot for California; can lawmakers resist? © The Associated Prs Though it's tough to gauge the total tax revue all those profits will produce, it's not a stretch to timate California will add $ billion or more after the initial public offerings, or IPOs, are made. Load Error "I've never expericed anything like this," said Daniel Morgan, sior portfolio manager for the invtmt firm Synovus Trust. "It's definitely going to be a big lottery for everyone. Not only tech owners, but I think the state of California." It's an ticing opportunity for lawmakers to fund chos caus — a temptation legislative leaders are trying to rist. Lawmakers can't count on the money being there every year, and Assembly Budget Chairman Phil Ting said they are intt on learning from their past mistak. "My sse of it is we will have to be very careful," said Ting, a Democrat from San Francisco. "Our overall budget is $00 billion. So ev if there was a $ billion or $ billion windfall, let's say, it don
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News
- AI won't have 'huge' effect on Big Tech earnings: Strategist [Yahoo! Finance]Yahoo! Finance
- Synovus Financial Corp. (NYSE: SNV) had its "equal weight" rating re-affirmed by analysts at Morgan Stanley. They now have a $37.00 price target on the stock.MarketBeat
- Synovus Financial Corp. (NYSE: SNV) had its price target lowered by analysts at Truist Financial Co. from $45.00 to $39.00. They now have a "buy" rating on the stock.MarketBeat
- Synovus Financial Corp. (NYSE: SNV) had its price target lowered by analysts at Royal Bank of Canada from $44.00 to $41.00. They now have an "outperform" rating on the stock.MarketBeat
- Synovus Financial Corp. (NYSE: SNV) had its price target lowered by analysts at Piper Sandler from $46.00 to $42.00. They now have an "overweight" rating on the stock.MarketBeat
SNV
Earnings
- 4/17/24 - Miss
SNV
Sec Filings
- 4/18/24 - Form 8-K
- 4/17/24 - Form 8-K
- 3/12/24 - Form ARS
- SNV's page on the SEC website