JMP Securities Reiterates Market Outperform on Encore Capital Gr, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf reiterated a Market Outperform rating on Encore Capital Group (ECPG) and maintained a $60 price target.
May 06, 2024 | 2:52 pm
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POSITIVE IMPACT
Encore Capital Group's stock rating was reiterated as Market Outperform by JMP Securities with a maintained price target of $60.
The reiteration of a Market Outperform rating and the maintenance of a $60 price target by a reputable analyst like David Scharf from JMP Securities could positively influence investor sentiment towards ECPG. This endorsement reaffirms confidence in the company's performance and prospects, likely encouraging investment and potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100