Barclays raised the firm’s price target on Bread Financial (BFH) to $70 from $67 and keeps an Underweight rating on the shares. The company reported strong Q1 results with better net interest margin and loan growth and its credit continues to improve, the analyst tells investors in a research note.
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Read More on BFH:
- Bread Financial Earnings Call Highlights Growth, Resilience
- Bread Financial price target raised to $105 from $92 at BofA
- Bread Financial Highlights Strong Q1 Results and Capital Returns
- Bread Financial Reports Stable Loan Growth, Improving Delinquencies
- Bread Financial reports Q1 EPS $4.15 vs. $2.78 last year