UPDATE: Oppenheimer Raises PT on Conn's on Compelling New Unit Expansion Story - Conn's (NASDAQ:CONN)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

In a report published Friday, Oppenheimer analyst Brian Nagel reiterated an Outperform rating on

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Conn's

(NASDAQ: CONN), and raised the price target from $54.00 to $65.00.In the report, Oppenheimer noted, “We look on Conn's as one of the most compelling new unit expansion stories in Hardlines. Under the leadership of a new CEO, CONN tweaked its store format and enhanced its merchandising effort to better connect with its core low to middle-income consumers. The better than expected Q1 (Apr.) results that CONN reported yesterday (6/6/13) demonstrate clearly that the company's renewed corporate focus is spurring significant fundamental momentum at the chain. The CONN investment story is far from over. We believe that the market continues to meaningfully under-appreciate the near and longer term EPS power of CONN. We are lifting our price target on shares to $65 from $54. Our rating on CONN remains Outperform.”Conn's closed on Thursday at $53.96.