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Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:37 EDTCONN, RCII, AANConn's recent sell-off a buying opprotunity, says Piper Jaffray
Piper Jaffray views the 9% sell-off in shares of Conn's (CONN) over the past three days as unwarranted. Piper notes that Conn's comps have no correlation to Aaron's (AAN) and Rent-A-Center (RCII), who both issued negative preannouncements. The firm recommends buying Conn's and keeps an Overweight rating on the name with a slightly reduced price target of $59.
News For CONN;AAN;RCII From The Last 14 Days
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March 27, 2015
10:03 EDTCONNOn The Fly: Analyst Upgrade Summary
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09:26 EDTCONNOn The Fly: Pre-market Movers
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06:54 EDTCONNConn's upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray upgraded Conn's to Overweight with a $38 price target saying portfolio stability will drive earnings upside.
March 24, 2015
11:14 EDTCONNConn's April volatility elevated into Q4 and outlook
Conn's April call option implied volatility is at 87, May is at 67, July is at 64, October is at 59; compared to its 26-week average of 62 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on March 31.

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