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Fly News Breaks for January 13, 2016
CONN
Jan 13, 2016 | 07:45 EDT
As noted earlier, Stifel downgraded Conn's to Hold from Buy. As reasons for the downgrade, the firm cited the company's high exposure to Texas, reliance on capital markets to fund growth, and its reliance on subprime consumers that are vulnerable to negative macro trends.
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