TD Cowen analyst Moshe Orenbuch raised the firm’s price target on Bread Financial (BFH) to $85 from $68 and keeps a Hold rating on the shares. The firm updated its price target to reflect is outlook in the Specialty Finance sector affected by macro economic factors and secualr growth in various areas of credit card, auto lending, student lending, non-prime lending, buy-now-pay-later, and lease to own.
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Read More on BFH:
- Bread Financial price target raised to $85 from $68 at TD Cowen
- Bread Financial initiated with a Buy at UBS
- Bread Financial price target raised to $81 from $72 at Evercore ISI
- Bread Financial upgraded to Neutral from Sell at Goldman Sachs
- Bread Financial price target raised to $61 from $52 at Barclays
