Conn's files to sell 5M shares of common stock Conn's is offering 1.4M shares and selling stockholders are offering 3.6M shares of common stock. Piper Jaffray and Stephens are acting as joint book running managers for the offering.
News For CONN From The Last 14 Days
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Conn's price target raised to $57 from $50 at Stifel Stifel increased its price target on Conn's as the firm expects the stock to rise as investors become more comfortable with the company's credit strategy, and more aware of its square footage growth opportunity. The firm expects the company's revenue to compound around or above 20% for the next five years and it keeps a Buy rating on the stock.
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