Jefferies Maintains Buy on PROG Holdings, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kyle Joseph maintains a Buy rating on PROG Holdings (NYSE:PRG) but lowers the price target from $49 to $42.
October 10, 2023 | 7:14 pm
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NEUTRAL IMPACT
Jefferies analyst maintains a Buy rating on PROG Holdings but lowers the price target from $49 to $42.
The news is directly about PROG Holdings. The maintained Buy rating indicates the analyst's positive outlook on the company, which could be beneficial for the stock. However, the lowered price target might indicate a less optimistic view on the company's future performance, which could have a neutralizing effect on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100