Canaccord Lifts PT on EZCORP (EZPW) to $25, Keeps a Buy Rating

EZCORP, Inc. (NASDAQ:EZPW) is one of the best cheap stocks with huge upside potential. On July 10, Canaccord raised the firm’s price target on EZCORP, Inc. (NASDAQ:EZPW) to $25 from $24, keeping a Buy rating on the shares.

Through its store checks, the firm found that business is steady in the summer. The company’s core customers are still experiencing pressure, while the new, higher-income customers seek value when coming into the stores.

The firm also believes that the recent range-bound performance in EZCORP, Inc.’s (NASDAQ:EZPW) share price is because of the retirement of its 2025 convertible notes being more dilutive than market expectations.

EZCORP, Inc. (NASDAQ:EZPW) provides pawn services. The company’s operations are divided into the following segments: US Pawn, Latin America Pawn, and Other Investments. The US Pawn segment covers EZPAWN, Value Pawn, Jewelry, and other branded pawn operations.

While we acknowledge the potential of EZPW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.