Rent-A-Center (RCII) PT Raised to $15 at Stifel
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Price: $26.78 --0%
Rating Summary:
10 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
Rating Summary:
10 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
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Stifel analyst John Baugh raised the price target on Rent-A-Center (NASDAQ: RCII) to $15.00 (from $12.00) while maintaining a Hold rating.
Baugh notes cost cuts deliver earnings growth. "The company has continued to cut costs and will likely generate $55 million of incremental EBITDA in 2019 simply from cost cuts that have physically already been executed in 2018," he commented.
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