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flag Institutional investors are buying Synchrony Financial shares, boosting its stock as earnings beat estimates.

flag Institutional investors, including Weiss Asset Management LP, have been actively buying Synchrony Financial (SYF) shares, with about 96.5% of the stock now owned by hedge funds and other institutional investors. flag Analysts have raised price targets and issued mostly positive ratings, with Deutsche Bank setting a $68.00 price target and a "buy" rating. flag Synchrony Financial reported earnings per share of $1.94 for the recent quarter, beating estimates by $0.17, with a 9.8% year-over-year revenue increase.

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