Wolfe Research Upgrades Bread Finl Hldgs to Outperform, Announces $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Bill Carcache upgraded Bread Finl Hldgs (NYSE:BFH) from Peer Perform to Outperform with a new price target of $48.
April 04, 2024 | 9:14 am
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Bread Finl Hldgs was upgraded by Wolfe Research from Peer Perform to Outperform with a price target of $48.
Analyst upgrades typically lead to positive short-term price movement, especially when accompanied by a significant price target increase. The upgrade from Peer Perform to Outperform suggests a strong confidence in the company's future performance, likely making BFH more attractive to investors.
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