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Prog Holdings price target raised to $43 from $42 at TD Cowen

TD Cowen analyst Hoang Nguyen raised the firm’s price target on Prog Holdings (PRG) to $43 from $42 and keeps a Buy rating on the shares. The firm met with management and came away quite constructive on the copany’s 3-year targets, for which they believe the leasing business (Progressive Leasing) and BNPL business (Four) appear to target growth that is slightly higher than what they had modeled.

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