Goldman Sachs Downgrades Bread Finl Hldgs to Sell, Announces $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash has downgraded Bread Finl Hldgs (NYSE:BFH) from Neutral to Sell and set a price target of $32.
October 02, 2023 | 9:56 am
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NEGATIVE IMPACT
Goldman Sachs has downgraded Bread Finl Hldgs to Sell from Neutral and set a price target of $32.
The downgrade from Goldman Sachs, a major financial institution, could negatively impact investor sentiment towards Bread Finl Hldgs. The new price target of $32 also suggests that Goldman Sachs sees limited upside potential for the stock, which could further dampen investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100