TD Cowen analyst Hoang Nguyen raised the firm’s price target on Prog Holdings (PRG) to $42 from $38 and keeps a Buy rating on the shares. The firm updated its model following Q4 results where strength in non-leasing drove its strong profitability.
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Read More on PRG:
- Hold Rating Maintained as Long-Term Upside in Four Technologies Is Offset by Execution and Macro Risks
- Analyst Warns Prog Holdings Faces Liquidity and Earnings Risks from Uncertain Securitization Funding for Purchasing Power
- Prog Holdings Balances Growth Push With Leasing Headwinds
- Prog Holdings reports Q4 EPS 74c, consensus 61c
- PRG Upcoming Earnings Report: What to Expect?
