Aaron's: Jefferies raises target price
(CercleFinance.com) - On Friday analysts at Jefferies confirmed a "buy" recommendation on the stock of lease-to-own retailer Aaron's, while raising their corresponding target price from 75 dollars to 79 dollars.
"We are encouraged by the positive revs/margin trends noting we don't expect loss levels to remain at these levels," it says.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"We are encouraged by the positive revs/margin trends noting we don't expect loss levels to remain at these levels," it says.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.