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AAN

Aaron's

$41.45 /

-1.35 (-3.15%)

09:09
02/27/20
02/27
09:09
02/27/20
09:09

Northcoast cuts Aaron's to Neutral on core and Progressive growth uncertainty

As previously reported, Northcoast analyst Tim Vierengel downgraded Aaron's to Neutral from Buy. His prior growth expectations for the Progressive segment were "off base" and the company's FY20 guidance for the core business is worse than even his lowered expectations, Vierengel tells investors. While the recovery timeline is uncertain, the stock's current valuation is in-line with its five-year average, the analyst added.

  • 01

    Mar

AAN Aaron's
$41.45 /

-1.35 (-3.15%)

02/27/20 Northcoast
Aaron's downgraded to Neutral from Buy at Northcoast
02/24/20 Loop Capital
Aaron's price target lowered to $60 from $90 at Loop Capital
02/21/20 Raymond James
Aaron's price target lowered to $60 from $80 at Raymond James
02/21/20 KeyBanc
Aaron's price target lowered to $66 from $88 at KeyBanc

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