Bread Financial Analysts Increase Their Forecasts Following Q4 Results

Benzinga01-31

Bread Financial Holdings, Inc. (NYSE:BFH) posted better-than-expected earnings for the fourth quarter on Thursday.

The company posted adjusted earnings of $2.07 per share, beating market estimates. The company's quarterly sales came in at $975 million versus expectations of $955.819 million.

Bread Financial shares fell 0.6% to trade at $72.57 on Friday.

These analysts made changes to their price targets on Bread Financial following earnings announcement.

  • Barclays analyst Terry Ma maintained Bread Finl with an Underweight rating and raised the price target from $61 to $64.
  • Morgan Stanley analyst Jeffrey Adelson maintained the stock with an Underweight rating and raised the price target from $62 to $68.

Considering buying BFH stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment