There have long been vocal doubters on Synovus (NYSE:SNV), and the company’s share price performance over the last couple of years has lagged its peer group, but with above-average fourth quarter results and guidance for 2023, Synovus is getting a little more positive attention lately. While I do think some of management’s growth targets for 2023 could prove challenging (if not ambitious), 3% to 4% core growth can drive a respective target price and anticipated return from here.
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