UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Regional Management Corporation on December Activity Review

In a report published Friday, Jefferies analyst John Hecht reiterated a Hold rating on

, and raised the price target from $14.00 to $16.00. In the report, Jefferies noted, “In this monthly publication of Non-Prime Prime Time, we review important trends and activities in December, with a focus on items that may be indicators for near term performances. In this note, we review credit trends, macroeconomic-factors and regulatory events which may shape the industry going forward. We continue to recommend LEAF and SC based upon growth opportunities and mis-priced risk, respectively.” Regional Management Corporation closed on Wednesday at $15.49.