Loop Capital Maintains Hold on PROG Holdings, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Anthony Chukumba maintains a Hold rating on PROG Holdings (NYSE:PRG) and raises the price target from $35 to $41.
July 25, 2024 | 4:46 pm
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Loop Capital has maintained a Hold rating on PROG Holdings and increased the price target from $35 to $41, indicating a positive outlook but suggesting investors should not buy more shares at this time.
The increase in the price target from $35 to $41 suggests a positive outlook for PROG Holdings. However, the Hold rating indicates that the analyst does not recommend buying more shares at this time. This could lead to a slight positive movement in the stock price as the higher price target reflects improved expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100