TD Cowen initiated coverage of Bread Financial (BFH) with a Market Perform rating and $32 price target. The company’s earnings are likely more volatile than Synchrony’s (SYF) in a downturn and it is the most exposed to the CFPB’s late fee proposal, the analyst tells investors in a research note.
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Read More on BFH:
- Bread Financial price target lowered to $53 from $64 at Stephens
- Bread Financial price target lowered to $32 from $35 at RBC Capital
- Bread Financial reports Q3 EPS 3.42, consensus $2.31
- Bread Financial Holdings Inc (BFH) Q3 Earnings Cheat Sheet
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