B of A Securities Maintains Buy on Bread Finl Hldgs, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Mihir Bhatia maintains a Buy rating on Bread Financial Holdings (NYSE:BFH) but lowers the price target from $61 to $57.
September 25, 2024 | 3:17 pm
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NEUTRAL IMPACT
B of A Securities continues to recommend buying Bread Financial Holdings (BFH) but has reduced the price target from $61 to $57, indicating a slightly less optimistic outlook.
The Buy rating suggests continued confidence in BFH's performance, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100