
Consumer lending company Synchrony Financial's SYF.N shares rise ~1.18% to $67.57 premarket
Barclays upgrades SYF to "overweight" from an "equal weight" rating
Brokerage says risk from late fee cap rule seems to be in the rear-view window
Barclays raises PT to $79 from $59, a ~21.1% upside to the stock's last close
Sixteen of 22 brokerages rate the stock "buy" or higher and six "hold"; their median PT is $76 - LSEG data
As of last close, stock up ~2.7% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))