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FirstCash price target raised to $242 from $240 at Canaccord

Canaccord raised the firm’s price target on FirstCash (FCFS) to $242 from $240 and keeps a Buy rating on the shares. The firm updated its model following store checks which found overall business remains robust, with the core pawn customer remaining pressured and higher-income individuals seeking value, as the loan and sales counters have been equally busy.

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