Barclays Maintains Underweight on Bread Finl Hldgs, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Terry Ma maintains an Underweight rating on Bread Financial Holdings (NYSE:BFH) and lowers the price target from $37 to $35.
October 08, 2024 | 5:10 pm
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Barclays analyst Terry Ma has maintained an Underweight rating on Bread Financial Holdings and reduced the price target from $37 to $35, indicating a bearish outlook.
The reduction in price target from $37 to $35 by Barclays, along with the maintained Underweight rating, suggests a negative outlook on BFH's stock performance. This is likely to lead to a short-term decrease in stock price as investors react to the bearish sentiment.
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IMPORTANCE 80
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