BofA raised the firm’s price target on Bread Financial (BFH) to $66 from $65 and keeps a Buy rating on the shares. To arrive at its target, the firm applies an 8.5-times multiple to its 2026 EPS as it rolls-forward estimates, the analyst tells investors.
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Read More on BFH:
- Bread Financial Expands 2024 Stock Buyback Program
- Bread Financial announces $25M increase to 2024 share repurchase program
- Bread Financial management to meet virtually with Compass Point
- Bread Financial price target raised to $70 from $56 at Seaport Research
- Bread Financial Reports Stable Loan Balances and Growth
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