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Fly News Breaks for August 8, 2019
RCII
Aug 8, 2019 | 12:01 EDT
As previously reported, Janney Montgomery Scott analyst John Rowan upgraded Rent-A-Center to Buy from Neutral after the company reported "solid" results. Citing both the company's "strong" quarter and some of the other repositioning items management has done, the analyst thinks Rent-A-Center is in a "strong position" going forward to drive EPS growth and capital returns to shareholders. Rowan also raised his price target on the shares to $32 from $29.
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