TD Cowen Initiates Coverage On Bread Finl Hldgs with Market Perform Rating
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Moshe Orenbuch has initiated coverage on Bread Finl Hldgs (NYSE:BFH) with a Market Perform rating.

November 01, 2023 | 6:02 pm
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NEUTRAL IMPACT
Bread Finl Hldgs (NYSE:BFH) has been initiated with a Market Perform rating by TD Cowen analyst Moshe Orenbuch.
The initiation of coverage by a major analyst like Moshe Orenbuch from TD Cowen usually brings attention to the stock. A 'Market Perform' rating suggests that the analyst believes the stock will perform approximately as well as the broader market in the near future. This could potentially attract investors who follow Orenbuch's recommendations, but it's not a strong buy or sell signal, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100