Wall St eyes more gains from Apple, its cheapest $1 trillion stock [Reuters]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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Source: Reuters
Wall Street eyes more gains from Apple, its cheapest $1 trillion stock | Reuters 3 Min Read (Reuters) - Shares in Apple Inc edged higher on Friday, bobbing close to the iPhone maker’s $1 trillion valuation milestone, but Wall St was just biding its time for more gains. After becoming the first $1 trillion publicly-listed U.S. company on Thursday, Apple last traded up 0.4 percent at $208.22 after falling as low as $205.48 and rising as high as $208.74. Daniel Morgan, portfolio manager at Synovus Trust in Atlanta, said Apple’s lukewarm start on Friday was a temporary pause for the stock rather than a sign it could lose ground. “It’s like the horse that crosses the finish line and says I’m totally wiped out,” said Morgan whose firm holds more than 200,000 shares in Apple. “There was a strong earnings report on Tuesday. All the enthusiasm around the $1 trillion market capitalization, both those things have just exhausted the current trading in Apple. And it’s Friday. The whole week was en
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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
- 4/26/24 - Form 8-K
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- SNV's page on the SEC website