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Burford Capital price target lowered to $18 from $20 at B. Riley

B. Riley analyst Timothy D’Agostino lowered the firm’s price target on Burford Capital (BUR) to $18 from $20 and keeps a Buy rating on the shares post the Q3 report. The firm believes the recent selloff provides an attractive entry point. Burford’s portfolio growth and case realizations should continue to progress over time, the analyst tells investors in a research note.

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