Wedbush analyst Henry Coffey raised the firm’s price target on FirstCash to $110 from $90 and keeps a Neutral rating on the shares. The firm notes the company reported an in-line quarter, and looking ahead, the ongoing inflationary environment and credit tightening seen from various lenders should continue to increase demand for both pawn loans and merchandise.
Published first on TheFly
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- FirstCash price target raised to $100 from $91 at Credit Suisse
- FirstCash price target raised to $125 from $108 at Barclays
- FirstCash provides FY23 outlook
- FirstCash reports Q1 adjusted EPS $1.25, consensus $1.22
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