By: Benzinga
UPDATE: Canaccord Genuity Downgrades Aaron's to Hold on Valuation, Weakening Trends
Canaccord Genuity downgraded Aaron's (NYSE: AAN ) from Buy to Hold and lowered the price target from $34.00 to $30.00. Canaccord Genuity noted, "We are downgrading shares of AAN from Buy to HOLD ahead of the company's Q4 earnings release as we believe the core rent-to-own industry remains pressured. …
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