Rent-A-Center (RCII) Tops Q4 EPS by 15c, Revenues Beat; Offers FY18 EPS Mid-Point Guidance Above Consensus

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Rent-A-Center (RCII) PT Raised to $20 at Loop Capital

February 26, 2019 1:29 PM EST

Loop Capital analyst Anthony Chukumba raised the price target on Rent-A-Center (NASDAQ: RCII) to $20.00 (from $15.00) while maintaining a Hold rating.

The analyst commented, "Rent-A-Center's impressive and somewhat unexpected turnaround continued in 4Q 2018, with top-line growth, profitability, and earnings all coming in well ahead of... More