Enova International price target raised to $78 from $73 at JMP Securities

JMP Securities analyst David Scharf raised the firm’s price target on Enova International to $78 from $73 and keeps an Outperform rating on the shares. Enova reported a strong start to the year with stable credit and volume-driven top and bottom-line beats, the analyst tells investors in a research note. Enova’s commentary regarding demand, credit outlook, and competitive positioning remains more bullish than what the firm continues to hear from other subprime lenders, JMP says.