Synovus Financial Corp. (NYSE: SNV) is among the top 10 financial stocks on Wall Street’s radar. Citi raised its price target for SNV from $57 to $65 on July 18, maintaining a Buy rating due to strong loan growth. The company plans to hire more staff in the Southeast to boost growth.

Citi praised Synovus Financial Corp.’s strong expense management and credit trends, which have consistently outperformed expectations, benefiting shareholders. While Citi slightly lowered its 2026 projections due to talent acquisition costs, it believes these investments will enhance long-term shareholder value.

Synovus Financial Corp. offers a wide range of financial services, including banking, wealth services, mortgage services, and more. Citi sees potential in SNV as an investment but suggests other AI stocks may offer greater upside with less risk. For insights on undervalued AI stocks, refer to their free report.

For more investment opportunities, explore the top American semiconductor stocks and fintech stocks to consider. This article is from Insider Monkey, with no disclosed affiliations.

Read more at Yahoo Finance: Citi Raises Price Target for Synovus Financial (SNV), Keeps Buy Rating