Stephens analyst Vincent Caintic keeps an Overweight rating and a $64 price target on Bread Financial (BFH) as the stock fell 5.8% today following Q4 earnings. The outlook of higher net losses and lower net interest income makes for "tough" visibility, but these metrics should normalize mid-year, the analyst tells investors in a research note. Stephens also notes that its sees positive capital management catalysts after the February BJ‘s (BJ) portfolio sale.
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