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Fly News Breaks for February 24, 2017
ECPG
Feb 24, 2017 | 08:47 EDT
JMP Securities analyst David Scharf notes that much of Encore's conference call focused on the company's increased investments in the U.S. and the increase in its tax rate, both of which led it to lower its earnings outlook. However, the analyst notes that the company remains upbeat on its outlook in the U.S., and he recommends buying the shares on any weakness
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