Aaron's (AAN) to Separate into Two Public Companies

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Aaron's (AAN) PT Raised to $70 at Jefferies as Segments Split to Unlock Value

July 30, 2020 10:48 AM EDT

Jefferies analyst Kyle Joseph raised the price target on Aaron's (NYSE: AAN) to $70.00 (from $63.00) while maintaining a Buy rating, citing a model update, valuation sensitivity, and AAN's split into two companies as the segments become less symbiotic and the timing becomes more... More