UPDATE: J.P. Morgan Lowers PT on First Cash Financial on Acquisition & 2Q13 Preview
July 08, 2013 at 14:12 PM EDT
In a report published on Friday, J.P. Morgan analyst Nur Cristiani lowered the price target on First Cash Financial (NASDAQ: FCFS ) from $58 to $54 and maintained a Neutral rating. In the report, J.P. Morgan stated, "We are revising down our estimates for 2Q13 and onwards for First Cash,