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M&T Bank Corp Raises Holdings in Synchrony Financial $SYF
M&T Bank Corp significantly increased its stake in Synchrony Financial (NYSE:SYF) during the fourth quarter, boosting its holdings by 295.7% to 56,253 shares valued at approximately $4.69 million. This move is consistent with other institutional investors and hedge funds which have also adjusted their positions in SYF. Analysts have given Synchrony Financial a “Moderate Buy” rating with an average price target of $86.32, despite some insider selling activity.