- Conn's (NASDAQ:CONN) is in rally mode after KeyBanc lifts the retailer to an Overweight rating.
- The investment firm assigns a new price target of $22 to Conn's on its view that management is on the right track. The one-year PT represents 48% upside potential for shares, while the longer view from KeyBanc is that a run to $50 to $60 is possible if execution is spot on.
- Shares of CONN are up 9.29%, hitting a new 52-week high of $16.45 earlier.