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Kepler Cheuvreux Suisse SA Reduces Holdings in Synchrony Financial $SYF
Kepler Cheuvreux Suisse SA significantly reduced its stake in Synchrony Financial by 53.1% in Q4, now holding 21,999 shares valued at $1.84 million. Despite beating Q1 EPS estimates, Synchrony’s revenue missed expectations, declining 7.4% year-over-year. The company recently announced a $0.30 quarterly dividend and a stock buyback plan, while analysts maintain a “Moderate Buy” rating with a target price of $86.32.