Seeking Alpha

Shares of Conn's (CONN +7.9%) pop after Canaccord Genuity dials up an upgrade to Buy on the...

Shares of Conn's (CONN +7.9%) pop after Canaccord Genuity dials up an upgrade to Buy on the retailer. The company is moving in the opposite direction of its big box peers, with plans to increase its square footage by 20% in FY13-FY14 to make room for higher-margin items. One CONN diffentiator: In-house financing has been a growth driver for Conn's as its customers sign up for credit at one of the highest rates in the sector.
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