Maxim raised the firm’s price target on Enova International (ENVA) to $200 from $191 and keeps a Buy rating on the shares. The firm cites the company’s Q1 earnings beat, thanks to 2% growth in loan originations and solid credit quality, the analyst tells investors in a research note. Maxim adds that its assumed earnings multiple still represents a discount to the average of prominent online lenders like LendingClub (LC) and SoFi Technologies (SOFI).
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Read More on ENVA:
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