Bread Financial price target lowered to $98 from $105 at BTIG

BTIG analyst Vincent Caintic lowered the firm’s price target on Bread Financial (BFH) to $98 from $105 and keeps a Buy rating on the shares. The share decline following updated 2025 guidance is “understandable” as the net charge-off guidance did not improve as much as hoped and management described several moving headwinds to revenue growth particularly in loan yields, the analyst tells investors in a research note.