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Atlanticus price target raised to $95 from $78 at Citizens JMP

Citizens JMP raised the firm’s price target on Atlanticus (ATLC) to $95 from $78 and keeps an Outperform rating on the shares. The acquisition of Mercury Finance will move Atlanticus’ portfolio modestly upmarket, with the Mercury loan book’s average FICO score 20 basis points above the legacy portfolio, the analyst tells investors in a research note.

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