The Globe and Mail reports in its Friday, Dec. 5, edition that Stifel analyst Suthan Sukumar rates Propel Holdings "buy" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sukumar set a share target of $38. Analysts on average target the shares at $37.29. Mr. Sukumar says in a note: "Propel is a disruptive fintech consumer lender targeting a large, underserved borrower market across the U.S., U.K. and Canada. A highly focused go-to-market strategy and proprietary AI-driven underwriting have driven steady market share gains with robust credit performance, fueling eight times revenue and six times EPS growth over the past five years. We believe Propel can sustain its trajectory of revenue/earnings growth, ahead of peers, supported by (1) a proven playbook for navigating macro cycles and managing credit quality while extending share gains and (2) a differentiated tech platform and bank-partner distribution to capture new tech-enabled lending opportunities and accelerate scale with recurring, more profitable SaaS-like revenues without credit risk. Propel's balance sheet strength enables further upside optionality for M&A, alongside share buybacks and continued dividend increases."