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Fly News Breaks for July 3, 2018
AAN
Jul 3, 2018 | 08:12 EDT
Jefferies analyst Kyle Joseph remains favorable on Aaron's Progressive business, saying that while growth headwinds temporarily weigh on margins, expansion will ultimately improve profitability. Progressive growth can drive consolidated growth higher and expand Aaron's multiple, Joseph tells investors in a research note. The analyst maintains a Buy rating on the shares with a $58 price target.
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