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Fly News Breaks for December 6, 2016
RCII
Dec 6, 2016 | 07:15 EDT
As previously reported, Raymond James downgraded Rent-A-Center to Market Perform from Strong Buy due to the unexpected resignation of CFO Guy Constant. Analyst Budd Bugatch believes 2016 updated guidance is achievable but believes 2017 consensus expectations are too high and lowered estimates for 2017 and out-years.
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