PRA Group price target raised to $33 from $26 at JMP Securities

JMP Securities analyst David Scharf raised the firm’s price target on PRA Group to $33 from $26 and keeps an Outperform rating on the shares. The firm is incrementally more constructive on PRA Group’s earnings outlook over the next 24 months following the commentary and guidance that accompanied the company’s Q4 results, the analyst tells investors in a research note.