Prog Holdings price target raised to $35 from $29 at Jefferies

Jefferies raised the firm’s price target on Prog Holdings (PRG) to $35 from $29 and keeps a Hold rating on the shares following Q2 results that exceeded guidance and expectations. While the firm continues to look for a turnaround in demand for consumer durable goods, it considers this “a positive quarter from an execution perspective,” the analyst tells investors.