EZCORP, Inc. (EZPW) Reports In-Line Q4 EPS; Issues Light Outlook; Enters Deal w/ Western Union (WU)

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Nomura Comments on Ill Fated Buy Rating on EZCORP (EZPW)

November 7, 2012 11:35 AM EST

Nomura Securities maintained a Buy on EZCORP (NASDAQ: EZPW) but cut its price target to $21.00 (from $29.00). EZCORP recently reported earnings that missed estimates. The miss was largely driven by lower-than-expected net sales, caused by weak gold volumes, and lower than expected loan fees due... More