UPDATE: Jefferies Raises PT on Synovus Financial Following TARP Announcement
July 22, 2013 at 11:17 AM EDT
In a report published Monday, Jefferies analyst Emlen Harmon reiterated a Hold rating on Synovus Financial (NYSE: SNV ), and raised the price target from $2.50 to $3.00. In the report, Jefferies noted, “The company's announcement of TARP redemption in the near future overshadowed earnings results for 2Q, with the government
