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Fly News Breaks for July 7, 2016
EZPW
Jul 7, 2016 | 05:48 EDT
Wells Fargo analyst Joel Houck upgraded EZCORP to Outperform saying the Grupo Finmart sale removes a "significant overhang" from the shares. The analyst views the pawn industry outlook as favorable and upped his price target range for the shares to $9-$10 from $5-$6.
News For EZPW From the Last 2 Days
EZPW
Apr 16, 2024 | 06:45 EDT
Canaccord raised the firm's price target on Ezcorp to $18 from $17 and keeps a Buy rating on the shares. The firm said the macro environment also continues to challenge the company's value-conscious customer base, with inflation and economic uncertainty driving increased demand for pawn loans. The target increase is driven by increased estimates and a modeslty higher target mutliple.