Wolfe Research Upgrades Synchrony and Bread Financial to Outperform Due to Expected Improvements in Credit Card Metrics
Thursday, 4 April 2024, 13:57
Wolfe Research Upgrades: Synchrony and Bread Financial
Wolfe Research has upgraded Synchrony Financial and Bread Financial Holdings to Outperform ratings. This decision comes amid expectations of improvements in credit card metrics.
Positive Outlook for Delinquency Rates
Wolfe Research anticipates a positive shift in delinquency rate formations, signaling a favorable trend for both companies.
Investors are likely to take note of these upgrades, considering the potential for enhanced performance in the financial sector.
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