JMP Securities Maintains Market Outperform on PRA Group, Lowers Price Target to $33
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst David Scharf maintains a Market Outperform rating on PRA Group (NASDAQ:PRAA) but lowers the price target from $42 to $33.
June 08, 2023 | 1:39 pm
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JMP Securities maintains a Market Outperform rating on PRA Group (NASDAQ:PRAA) but lowers the price target from $42 to $33.
The news indicates that JMP Securities still has a positive outlook on PRA Group, maintaining a Market Outperform rating. However, the lowered price target from $42 to $33 suggests a reduced growth expectation. This mixed signal may result in a neutral short-term impact on PRAA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100