Cibc World Market Inc. Acquires 36,852 Shares of Synchrony Financial $SYF

Cibc World Market Inc. increased its stake in Synchrony Financial by 83.5% in the third quarter, acquiring 36,852 additional shares, bringing its total to 80,990 shares valued at approximately $5.754 million. Synchrony Financial reported strong Q3 earnings per share of $2.18, exceeding analyst expectations, and announced a quarterly dividend of $0.30. Analysts maintain a “Moderate Buy” rating for SYF, with a consensus price target of around $87.11.

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