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Fly News Breaks for April 20, 2018
CONN
Apr 20, 2018 | 07:02 EDT
Oppenheimer analyst Brian Nagel said he came away from recent meetings with Conn's CEO Norm Miller and CFO Lee Wright "incrementally encouraged" with the turnaround progress and strategic direction of the chain. In a research note to investors, Nagel said the stabilization in the credit operations of Conn's is now largely complete, adding that the chain is set to gradually re-ramp new store expansion. Nagel has an Outperform rating on the shares.
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