Barclays Maintains Underweight on Bread Finl Hldgs, Lowers Price Target to $34
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 $35 to $34.
October 25, 2024 | 5:34 pm
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NEGATIVE IMPACT
Barclays has maintained an Underweight rating on Bread Financial Holdings and reduced the price target from $35 to $34, indicating a bearish outlook.
The Underweight rating suggests that Barclays expects BFH to underperform relative to the market. The lowered price target from $35 to $34 further indicates a negative outlook, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100