Encore Capital price target lowered to $57 from $64 at Truist

Truist lowered the firm’s price target on Encore Capital (ECPG) to $57 from $64 and keeps a Buy rating on the shares after its Q4 results. The firm is reducing its 2025 EPS view to $4.50 from $7.00, driven by lower projected revenue from receivables portfolios, which is a function of lower assumed yields, the analyst tells investors in a research note.