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Bread Financial price target lowered to $106 from $108 at BofA

BofA lowered the firm's price target on Bread Financial to $106 from $108 and keeps a Buy rating on the shares. The firm expects an improvement to the credit guidance and thinks focus will also be on the loan growth outlook for the second half, the analyst tells investors in a research note.

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BofA lowered the firm's price target on Bread Financial to $106 from $108 and keeps a Buy rating on the shares.

The firm expects an improvement to the credit guidance and thinks focus will also be on the loan growth outlook for the second half, the analyst tells investors in a research note.