RBC Capital analyst Bart Dziarski downgraded Goeasy (EHMEF) to Underperform from Sector Perform with a price target of C$52, down from C$156. The firm says the business may be “structurally impaired amid Goeasy’s elevated charge-offs.
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Read More on EHMEF:
- Goeasy downgraded to Sector Perform from Outperform at National Bank
- Goeasy downgraded to Market Perform from Outperform at BMO Capital
- Goeasy downgraded to Speculative Buy from Outperform at ATB Capital
- goeasy takes $178 million LendCare hit, suspends dividend amid credit strain
- Goeasy price target lowered to C$170 from C$226 at BMO Capital
