Jefferies Downgrades CURO Group Holdings to Hold, Lowers Price Target to $0.4
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Hecht downgraded CURO Group Holdings (NYSE:CURO) from Buy to Hold and significantly reduced the price target from $5 to $0.4, indicating a bearish outlook on the company's stock.
February 07, 2024 | 12:05 pm
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Jefferies downgraded CURO Group Holdings from Buy to Hold and lowered the price target from $5 to $0.4, showing a negative sentiment towards CURO's stock.
The downgrade from Buy to Hold by a prominent analyst, coupled with a drastic reduction in the price target, suggests a significant negative shift in the market's perception of CURO Group Holdings' future prospects. This is likely to lead to a decrease in investor confidence and a potential drop in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100