Raymond James downgraded Goeasy (EHMEF) to Market Perform from Outperform with a price target of C$153, down from C$208, after the company announced that current CEO Dan Rees is stepping down at the end of the year due to health issues. The firm, which believes this is “a negative development,” thinks the stock could be under some pressure until Q4 results and a demonstrated improvement in delinquencies.
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Read More on EHMEF:
- goeasy Ltd. Announces CEO Transition Amid Health-Related Departure
- goeasy’s Patrick Ens Joins Canadian Lenders Association Board
- Goeasy price target lowered to C$156 from C$194 at RBC Capital
- Goeasy price target lowered to C$160 from C$210 at TD Securities
- Goeasy Ltd. Reports Strong Q3 Growth Amid Economic Challenges
