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In a report published Friday, Jefferies analyst Daniel Furtado reiterated a Buy rating on Regional Management (NYSE: RM), and raised the price target from $26.00 to $29.00.
In the report, Jefferies noted, “We recently hosted a day of investor meetings with RM. With a long runway for store expansion, one of the lowest regulatory risk profiles in the comp group, and increasing funding options for the business, we continue to view RM as the most compelling small cap opportunity in our coverage list.”
Regional Management closed on Thursday at $24.83.
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.
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