Upbound Group price target lowered to $43 from $44 at TD Cowen

TD Cowen lowered the firm’s price target on Upbound Group (UPBD) to $43 from $44 and keeps a Buy rating on the shares. The firm said they reported 3Q EPS in line with estimates and above consensus. The company beat consensus on major revenue lines, more than offset by higher-than-consensus cost of revenue in cost of merchandise sold, and cost of rentals and fees.