Analyzing The Price Action In Synchrony Finl Stock Today

The Price And Volume Action In Synchrony Finl's Stock Today

Synchrony Finl's SYF stock has been rising Wednesday, up 4.17% to a price of $42.31. Wednesday the stock has been traded at a volume of 2.88 million, about 43.51% of its recent 30-day volume average of 6.61 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Synchrony Financial shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $54 to $55 following the company's Q1 earnings results.

Further Analysis of Recent Price Action

The 50-day moving average price of Synchrony Finl's stock was $40.61 when this article was published. The stock reached a high of $43.61 and a low of $15.17 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.