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Fly News Breaks for May 30, 2017
CONN
May 30, 2017 | 09:20 EDT
Stephens analyst Rick Nelson raised his price target on Conn's to $25 from $16, stating that the company is in the early stages of a turnaround and remains his Best Idea for 2017. Nelson keeps an Overweight rating on Conn's, citing its easy same-store sales comparisons and opportunities to increase yield, reduce losses, and lower its borrowing costs.
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