EZCORP Inc's stock surged 5.09% at the open, following a series of positive analyst actions that boosted investor sentiment.
Multiple analysts raised their price targets for EZCORP ahead of the trading session. Roth MKM reiterated its Buy rating with a $36 price target, while Canaccord increased its target to $34 from $28 and maintained a Buy rating. Jefferies also raised its target price to $35 from $25, and Stephens increased its target to $26 from $22.
These coordinated analyst upgrades and price target increases created positive momentum for the stock as trading began, reflecting growing confidence in the company's prospects among financial institutions.
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