JP Morgan Maintains Neutral on Bread Finl Hldgs, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith has maintained a Neutral rating on Bread Financial Holdings (NYSE:BFH) and increased the price target from $36 to $40.
January 26, 2024 | 3:49 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Bread Financial Holdings and raised the price target from $36 to $40, indicating a positive outlook on the company's future performance.
The increase in price target by a reputable analyst like JP Morgan suggests a positive sentiment towards Bread Financial Holdings' stock. While the rating remains Neutral, the higher price target could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100