UPDATE: ISI Group Initiates Coverage on Synovus Financial as Low Returns Limit Upside
October 08, 2013 at 13:16 PM EDT
In a report published Tuesday, ISI Group analyst Keith Murray initiated coverage on Synovus Financial Corp. (NYSE: SNV ) with a Neutral rating and $3.50 price target. In the report, ISI Group noted, “We are initiating coverage of Synovus with a Neutral rating and 12-month price target of $3.50. We