TD Cowen analyst Moshe Orenbuch raised the firm’s price target on Bread Financial (BFH) to $50 from $48 and keeps a Hold rating on the shares. The firm said they posted a 3Q miss in NII though opex was better; guidance was unchanged as management is seeing stability.
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Read More on BFH:
- Bread Financial price target lowered to $55 from $57 at BofA
- Bread Financial price target lowered to $34 from $35 at Barclays
- Bread Financial Reports September 2024 Performance Update
- Bread Financial Reports Q3 2024 Results and Strategic Moves
- Bread Financial reports Q3 adjusted EPS $1.83, consensus $1.86