UPDATE: Jefferies Raises PT on Regional Management Following Investor Meetings Day

In a report published Friday, Jefferies analyst Daniel Furtado reiterated a Buy rating on Regional Management 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.