Cannacord Genuity Asserts ‘Buy’ Rating on Firstcash Holdings Inc. (FCFS) and $200 Price Target

Core Viewpoint - FirstCash Holdings Inc. (NASDAQ:FCFS) is highlighted as a top credit services stock to consider amid the US rate cut, with a 'Buy' rating and a $200 price target set by analysts at Cannacord Genuity [1][2]. Company Overview - FirstCash operates over 3,300 pawnshops across the U.S., Latin America, and the UK, following its acquisition of H&T Group, positioning itself well in a lucrative industry [2]. - The company specializes in pawn stores that provide small loans secured by personal property, allowing borrowers to repay the loan with interest or forfeit their property without further consequences [3]. Industry Position - Analysts view the pawn business as strong and believe that FirstCash deserves a premium valuation due to its favorable market position [2].