Raymond James Downgrades Bread Finl Hldgs to Sector Perform, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Jon Arfstrom has downgraded Bread Finl Hldgs (NYSE:BFH) from Outperform to Sector Perform and lowered the price target from $46 to $43.
September 05, 2023 | 9:55 am
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NEGATIVE IMPACT
Bread Finl Hldgs has been downgraded by Raymond James from Outperform to Sector Perform, with a reduced price target of $43.
The downgrade from Outperform to Sector Perform by Raymond James, along with a reduced price target, indicates a less optimistic outlook for Bread Finl Hldgs. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100