Oppenheimer initiates coverage on Conn's (CONN) with an Outperform rating as the retailer's...

|By:, SA News Editor

Oppenheimer initiates coverage on Conn's (CONN) with an Outperform rating as the retailer's transition away from electronics to selling appliances and furniture starts to pay off on its bottom line. Though it still has a long way to go, the company could be a textbook example of a clever turnaround while once-peer RadioShack continues to founder.