Bread Financial Holdings (BFH) Issues May 2024 Performance Update

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Goldman Sachs Reiterates Sell Rating on Bread Financial Holdings (BFH)

June 12, 2024 2:57 PM UTC

Goldman Sachs analyst Ryan Nash reiterated a Sell rating and $40.00 price target on Bread Financial Holdings (NYSE: BFH).

The analyst comments "BFH reported solid May results as DQs came in better than seasonality and NCOs came in better than company expectations (but still worse than seasonality), while loan growth continued to slow in line with expectations. In terms of credit, DQs were... More