(NYSE:SNV) Stock Downgraded, Shares Fall 6%

Penny Stock Pick Report alerts investors on Top Stocks that would help investors to generate higher than average returns. Subscribe to FREE Stock Alerts by visiting: http://www.PennyStockPickReport.com

Synovus Financial Corp. (NYSE:SNV) decreases 6.55% to $1.87 on 2.99 million shares after Morgan Keegan gave the Regional - Mid-Atlantic Banks industry some bad news as it announced that the company was downgraded from Outperform to Market Perform. Synovus Financial Corp. is a diversified financial services company and a registered bank holding company. The Company provides financial services, including commercial and retail banking, financial management, insurance, mortgage and leasing services. The Company offers services to its customers through 31 wholly owned subsidiary banks and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. As of December 31, 2008, Synovus had approximately $28.6 billion in total deposits. 

ABOUT PennyStockPickReport.com

 Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please does your research before you plan to invest in any of the stocks mentioned above.