Downgrading to Market Perform; Weaker Revenue, Credit Migration Drive EPS Lower

⬆ $Synovus Financial(SNV)$ - We are downgrading SNV shares from Strong Buy to Market Perform following 1Q24 results that fell notably short of expectations driven by greater...


Continue reading on Smartkarma:- https://www.smartkarma.com/insights/downgrading-to-market-perform-weaker-revenue-credit-migration-drive-eps-lower?utm_source=tiger_community

By CGS CIMB Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cgs-cimb-research?utm_source=tiger_community

On Synovus Financial (SNV):- https://www.smartkarma.com/entities/synovus-financial-corp?utm_source=tiger_community

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