Enova International price target raised to $54 from $49 at JMP Securities

JMP Securities analyst David Scharf raised the firm’s price target on Enova International to $54 from $49 and keeps an Outperform rating on the shares. The company’s Q4 results showed "solid growth" and were consistent with recent trends of "strong" originations, normalizing yet stable credit, an increasing mix of small business lending, prudent expense management, maintenance of excess liquidity, and healthy levels of share buybacks, the analyst tells investors in a research note.