TD Cowen initiated coverage of Bread Financial (BFH) with a Market Perform rating and $32 price target. The company’s earnings are likely more volatile than Synchrony’s (SYF) in a downturn and it is the most exposed to the CFPB’s late fee proposal, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BFH: