Roth Capital raised the firm’s price target on Ezcorp (EZPW) to $26 from $22 and keeps a Buy rating on the shares after the company acquired a controlling interest in Founders One. The firm cites Ezcorp’s execution and “robust business momentum” for the target boost. It says the acquisition brings the company geographic expansion.
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Read More on EZPW:
- EZCORP: Strategic Founders One Acquisition Expands Global Pawn Footprint and Delivers Accretive, Low-Leverage Growth
- EZCORP Acquires Controlling Stake in Founders One Pawn Network
- Ezcorp acquires controlling interest in Founders One
- Ezcorp management to meet virtually with Roth Capital
- EZCORP Inc. Shines in Record Earnings Call
