BTIG analyst Vincent Caintic raised the firm’s price target on Enova International (ENVA) to $199 from $144 and keeps a Buy rating on the shares. The firm is positive on the company’s “transformational acquisition” and believes this deal makes sense, not just for the funding cost benefit but primarily because this positions Enova to become a premier neobank and fintech in the non-prime consumer space, the analyst tells investors in a research note.
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