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Seaport starts coverage of Enova with 'buy' rating

ReutersMay 14, 2025 5:56 PM

Seaport Research initiates coverage of online financial services provider Enova International ENVA.N with a "buy" rating, saying co has a strong competitive advantage

Brokerage says ENVA has a superior data advantage that is applied to all aspects of its business

"As an online lender, Enova operates a highly scalable platform as growth can be achieved without significant investment in additional infrastructure" - Seaport

Brokerage sets PT at $124, a ~24.97% upside on stock's last close

Including session's moves, stock up ~3.3% YTD

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