UPDATE: Stifel Nicolaus Raises PT on Conn's on Strong Retail Margins
June 07, 2013 at 11:17 AM EDT
In a report published Friday, Stifel Nicolaus analyst John Baugh reiterated a Buy rating on Conn's (NASDAQ: CONN ), and raised the price target from $57.00 to $59.00. In the report, Stifel Nicolaus noted, “The company continues to see very strong growth in revenue and an expanding retail gross margin.
