BTIG analyst Vincent Caintic raised the firm’s price target on Enova International (ENVA) to $110 from $90 and keeps a Buy rating on the shares after its Q3 earnings beat and better than expected Q4 guide. Enova’s ability to increase originations, revenue and EPS growing over 20% y/y is achievable, not just for 2024 but looking into 2025 and 2026, and the firm is optimistic in its above-consensus 2025 and 2026 EPS estimates, the analyst tells investors in a research note.
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Read More on ENVA:
- Enova International price target raised to $109 from $103 at JMP Securities
- Enova International reports Q3 adjusted EPS $2.45, consensus $2.31
- ENVA Upcoming Earnings Report: What to Expect?
- Enova International price target raised to $103 from $93 at JMP Securities
- Enova Subsidiary to Offer $261M in Asset-Backed Notes