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Stock impact report

Bank of America Securities Continues To Be Bullish On Synchrony Financial (SYF) Stock [Yahoo! Finance]

Synchrony Financial (SYF) 
Last synchrony financial earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Synchrony Financial (NYSE: SYF ) is one of the 13 extreme value stocks to buy now . On March 8, Mihir Bhatia of Bank of America Securities maintained his Buy rating on Synchrony Financial (NYSE:SYF) and set a price target of $90. The company had previously signed an underwriting agreement on February 18, with a group of banks led by J.P. Morgan Securities, BofA Securities, and Mizuho Securities. Under the agreement, the company will offer and sell $750 million of 4.947% fixed-to-floating-rate senior notes due 2023 in a registered public offering. Synchrony Financial (SYF): Among Billionaire Cliff Asness' Stock Picks with Huge Upside Potential The notes were issued under the company's existing indenture agreement, with The Bank of New York Mellon as trustee. The issuance was further supported by a fifteenth supplemental indenture dated February 25, 2026. Through this transaction, Synchrony Financial (NYSE:SYF) aims to strengthen its long-term funding profile while maintaining acce Show less Read more
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