Oppenheimer Upgrades Bread Finl Hldgs to Outperform, Announces $52 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Dominick Gabriele upgraded Bread Finl Hldgs (NYSE:BFH) from Perform to Outperform and set a price target of $52. This upgrade reflects a positive outlook on the company's performance and potential growth.
January 26, 2024 | 4:01 pm
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Bread Finl Hldgs was upgraded by Oppenheimer from Perform to Outperform with a new price target of $52, indicating a positive sentiment towards the company's future performance.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest a better-than-expected future performance. The new price target of $52 by Oppenheimer is likely to set a bullish tone for the stock, attracting investor interest and potentially driving up the share price in the short term.
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