Truist raised the firm’s price target on Encore Capital (ECPG) to $80 from $59 and keeps a Buy rating on the shares after its Q4 earnings beat. The firm is also raising its 2026 EPS forecast to $11.70 from $7.40 based mainly on the addition of $134 million in changes in recoveries, which is roughly in keeping with management’s guidance, the analyst tells investors in a research note.
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