Goldman Sachs Gives SYF Price Target of $87 Amid Mixed Earnings

Synchrony Financial, whose ticker is SYF, has received a Buy rating from Goldman Sachs analyst. The price target set by Goldman Sachs is $87.00, as of September 24th.

This is not the first positive note on Synchrony Financial. A few days ago, Barclays's Terry Ma also gave it a Buy rating. However, there are dissenting views, with BTIG maintaining a Hold rating since September 14th.

Synchrony Financial recently reported its quarterly earnings for the period ending June 30th, showing revenue of $4.69 billion and net profit of $885 million. In comparison to last year's quarter, revenue was slightly lower at $4.71 billion, while net profit decreased by 8%.