Keefe Bruyette lowered the firm’s price target on Regional Management (RM) to $33 from $38 and keeps a Market Perform rating on the shares as part of a Q1 earnings preview for the consumer finance space. The quarter “was a rollercoaster” with the first half starting as strong and the second half “dropping off precipitously,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RM:
- Regional Management Updates Executive Compensation Plan
- Regional Management Appoints Julie Booth to Board
- Regional Management Unveils Growth Strategy for 2025
- Regional Management price target raised to $38 from $33 at Keefe Bruyette
- Regional Management Corp’s Earnings Call: Record Growth and Positive Outlook