Bread Financial Holdings shares are trading higher after Evercore ISI Group upgraded the stock from Underperform to In-Line and raised its price target from $42 to $45. Also, RBC Capital maintained a Sector Perform rating on the stock and raised its price target from $38 to $45.
Portfolio Pulse from Benzinga Newsdesk
Bread Financial Holdings shares are trading higher following an upgrade from Evercore ISI Group and a price target increase from both Evercore ISI and RBC Capital.
June 20, 2024 | 2:40 pm
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Bread Financial Holdings shares are trading higher after Evercore ISI Group upgraded the stock from Underperform to In-Line and raised its price target from $42 to $45. RBC Capital also raised its price target from $38 to $45 while maintaining a Sector Perform rating.
The upgrade from Evercore ISI Group and the price target increases from both Evercore ISI and RBC Capital are positive signals for investors, likely leading to a short-term increase in BFH's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100