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Synovus Financial Corp.

Synovus Financial Cut To Sell At Goldman Sachs

Synovus Financial Corp. was downgraded to a sell rating from neutral by Goldman Sachs on Sunday. Goldman analysts cited expectations for underperformance over the next 12 months as an acquisition of the company is unlikely given recent management comments and said "earnings power is likely to remain challenged." Synovus shares were down 2% in premarket trade on Monday.Copyright © 2013 MarketWatch, Inc....

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