Loop Capital lowered the firm’s price target on Upbound Group (UPBD) to $21 from $25 and keeps a Hold rating on the shares. The company’s Q2 results were ahead of expectations, and the firm continues to be encouraged by Acima’s improved performance, including seven and six consecutive quarters of y/y GMV and revenue growth, respectively, the analyst tells investors in a research note. Given continued U.S. macro uncertainty however, the firm is having a “difficult time” being more constructive on the stock, Loop added.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPBD:
- Upbound Group price target lowered to $40 from $45 at BTIG
- Upbound Group Stock: Buy Rating Affirmed Despite Short-Term Setbacks, Long-Term Growth Potential Highlighted
- Upbound Group Reports Strong Q2 2025 Results
- Upbound Group’s Strong Earnings and Revenue Growth Justify Buy Rating Despite Market Reaction
- Upbound Group Reports Q2 2025 Financial Results