TD Cowen Maintains Buy on PROG Holdings, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Hoang Nguyen maintains a Buy rating on PROG Holdings (NYSE:PRG) and raises the price target from $38 to $40.
April 25, 2024 | 5:57 pm
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POSITIVE IMPACT
TD Cowen reaffirms a Buy rating on PROG Holdings and increases the price target to $40.
The upgrade in price target by a reputable analyst like Hoang Nguyen from TD Cowen suggests a positive outlook on the stock, likely due to strong fundamentals or growth prospects. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100