There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Synchrony Financial (SYF – Research Report) and Iris Energy (IREN – Research Report) with bullish sentiments.
Synchrony Financial (SYF)
Seaport Global analyst Bill Ryan maintained a Buy rating on Synchrony Financial today and set a price target of $40.85. The company’s shares closed last Tuesday at $40.85, close to its 52-week high of $41.38.
According to TipRanks.com, Ryan is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Synchrony Financial with a $42.71 average price target, implying a 5.5% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $48.00 price target.
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Iris Energy (IREN)
Compass Point analyst Joe Flynn reiterated a Buy rating on Iris Energy today and set a price target of $18.50. The company’s shares closed last Tuesday at $5.09.
Iris Energy has an analyst consensus of Strong Buy, with a price target consensus of $10.92, representing a 97.1% upside. In a report issued on February 21, B.Riley Financial also maintained a Buy rating on the stock with a $10.00 price target.
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