Jefferies Downgrades China Rapid Finance (XRF) to Hold

August 7, 2018 4:43 AM EDT
Get Alerts XRF Hot Sheet
Price: $3.05 --0%

Rating Summary:
    0 Buy, 2 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 8 | New: 61
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Jefferies downgraded China Rapid Finance (NYSE: XRF) from Buy to Hold with a price target of $2.00 (from $4.00).

Analyst John Heckt steps to the sidelines citing regulatory uncertainty which he believes are headwinds that likely impact operating performance.

For an analyst ratings summary and ratings history on China Rapid Finance click here. For more ratings news on China Rapid Finance click here.

Shares of China Rapid Finance closed at $1.73 yesterday.

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