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Ezcorp price target raised to $40 from $36 at Roth Capital

Roth Capital analyst Craig Irwin raised the firm’s price target on Ezcorp (EZPW) to $40 from $36 and keeps a Buy rating on the shares. The company reported a healthy Q2 earnings beat, led by scrapping revenues more than doubling sequentially to $81M, the analyst tells investors in a research note. Organic PLO – Pawn loans outstanding – growth was stronger than expected supported by accommodative consumer credit conditions and rising gas prices, the firm added.

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