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Atlanticus price target raised to $105 from $84 at BTIG

BTIG raised the firm’s price target on Atlanticus (ATLC) to $105 from $84 and keeps a Buy rating on the shares. The firm is raising its EPS view for the company following the acquisition of Mercury Finance. BTIG adds that its estimates could be conservative in purchase volume and receivables growth rates, operating leverage, and credit trends.

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