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Fly News Breaks for July 26, 2019
AAN
Jul 26, 2019 | 09:12 EDT
KeyBanc analyst Bradley Thomas raised his price target for Aaron's to $80 from $75 and maintained an Overweight rating, citing a more positive financial outlook following the company's Q2 results. In a research note to investors, Thomas says Aaron's remains one of his favorite ideas, supported by the opportunity for national account rollouts at Progressive, and sees upside potential in the second half of the year and in 2020, supported by the recent Progressive rollout at Best Buy and Wayfair.
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