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Fly News Breaks for December 22, 2015
ECPG
Dec 22, 2015 | 08:39 EDT
Citi analyst Michael Kaye says Encore Capital's debt leverage is a bit misleading since it looks more manageable after adjusting for the debt related to Cabot. Kaye views the stock as oversold and reiterates a Buy rating on the name with a $45 price target.
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