BMO Capital analyst Rufus Hone lowered the firm’s price target on Intermex (IMXI) to $23 from $30 and keeps an Outperform rating on the shares after its Q4 earnings miss and below-consensus guidance. The company’s Q4 results and 2025 guidance were negatively impacted by the ongoing retrenchment in the retail market and its decision to lean into digital marketing investments, even though Intermex anticipates an eventual recovery in the retail market, the analyst tells investors in a research note.
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