Morgan Stanley analyst Jeffrey Adelson downgraded Bread Financial to Underweight from Equal Weight with a price target of $25, down from $31.
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:
- Block upgraded, Bristol Myers downgraded: Wall Street’s top analyst calls
- Barclays starts U.S. consumer finance with Neutral industry view
- Bread Financial initiated with an Underweight at Barclays
- Bread Financial reports October net loss rate 8% vs 6.1% last year
- Bread Financial initiated with a Market Perform at TD Cowen