PROG Holdings shares fall 30% in 3 months, Jefferies forecasts 65% upside
JEF Jefferies Financial Group Inc
$43.91 -2.12%
View chart & analysis → - 1PROG Holdings shares recorded a 30% decline over the past 3 months.
- 2Jefferies lowered its price target from the previous $60 to a revised $50 on October 7.
- 3An 8.4% lease amortization rate for Progressive Leasing revenue in the second quarter was identified as a major risk.
So what's the key point?
PROG Holdings shares have fallen 30% over the last 3 months. Jefferies lowered its target price for the stock to $50 due to risks related to the company's revenue.
Source TIKR · View original ↗
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