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Fly News Breaks for February 26, 2019
RCII
Feb 26, 2019 | 12:22 EDT
Stating that Rent-A-Center's Q4 results show that its "impressive and somewhat unexpected turnaround" continues, Loop Capital analyst Anthony Chukumba said he is "increasingly certain" the company will be better off remaining publicly traded as opposed to going private. Pointing out that Rent-A-Center shares are up nearly 70% since the beginning of 2018, Chukumba keeps a Hold rating on the stock, though he raised his price target to $20 from $15.
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