Burford Capital assumed with an Outperform at Wedbush

Wedbush assumed coverage of Burford Capital (BUR) with an Outperform rating and $14 price target The firm says Burford is a “unique special situation opportunity” as it is the only publicly traded pure-play litigation finance company. The shares offer “asymmetric return potential with a potential windfall” from the YPF dispute, the analyst tells investors in a research note.