Enova International price target raised to $182 from $180 at Citizens

Citizens raised the firm’s price target on Enova International (ENVA) to $182 from $180 and keeps an Outperform rating on the shares. Enova continues to trade attractively following another strong quarter marked by more than 30% originations growth, led by small and medium sized businesses, and stable-to-improving credit trends, the analyst tells investors in a research note. Management highlighted healthy consumer and SMB demand and reiterated meaningful growth and funding benefits from the pending Grasshopper Bancorp acquisition, expected to close in the second half of the year, the firm says.