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Fly News Breaks for March 15, 2016
RCII
Mar 15, 2016 | 06:39 EDT
Raymond James analyst Budd Bugatch upgraded Rent-A-Center to Strong Buy and raised his price target to $21 from $18. The analyst has increased conviction that forward estimates will prove to be too low given initiatives to improve the middle of the company's consolidated P&L, a strengthening balance sheet and deleveraging, and favorable risk/reward.
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