Enova International price target raised to $66 from $56 at Stephens

Stephens raised the firm’s price target on Enova International to $66 from $56 and keeps an Equal Weight rating on the shares. The firm anticipates shares will be flattish on Q4 earnings and 2024 guidance, which was slightly better on revenues than consensus but slightly lower on EPS, the analyst tells investors. Further, the company’s quarterly results shows credit stability in both SMB and Consumer lending for the company, which contrasts the uncertainty felt with many of the other lenders in the space, the firm adds.