FIG Partners Upgrades Synovus Financial to Market Perform
December 14, 2012 at 15:54 PM EST
In a report published Friday, FIG Partners upgraded its rating on Synovus Financial Corp. (NYSE: SNV ) from Underperform to Market Perform with a $2.65 price target. FIG Partners noted, “SNV announced the bulk sale of $530 million classified and criticized loans which were rated nonperforming, substandard, and special