Cannacord Genuity Affirms ‘Buy’ Rating on EZCORP (EZPW) amid Solid Pawn Trends

Core Insights - EZCORP (NASDAQ:EZPW) is highlighted as a top credit services stock to buy due to the US interest rate cuts, with Canaccord Genuity reiterating a 'Buy' rating and raising the price target to $27 from $25 [1][2]. Group 1: Business Performance - Canaccord Genuity conducted 12 rounds of store checks at EZCORP and FirstCash locations, confirming solid trends in the pawn sector and consumer demand for value through the company's services despite financial pressures [2]. - The robust performance of certain EZCORP locations is noted, supported by positive feedback from store managers and improvements in business execution, including enhanced inventory management [3]. Group 2: Company Overview - EZCORP primarily provides short-term financial solutions through pawn loans and generates revenue from selling pre-owned and recycled merchandise, which includes items forfeited from pawn loans and goods purchased from customers [4].