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Enter Symbol:
 
Portfolio Recovery Associates, Inc. (PRAA) [hlAlert]

Rating:
Strong Buy
PRAA
up 41.34 %

Portfolio Recovery Associates, Inc. (PRAA) upgraded to Strong Buy with price target $47 by Raymond James

Posted on: Tuesday,  Nov 17, 2015  10:25 AM ET by Raymond James

Raymond James rated Strong Buy Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) on 11/17/2015, when the stock price was $37.78.
Since then, Portfolio Recovery Associates, Inc. has gained 41.34% as of 01/15/2016's recent price of $53.40.
If you would have followed this Raymond James's recommendation on PRAA, you would have gained 41.34% of your investment in 59 days.

Portfolio Recovery Associates is a full-service provider of outsourced receivables management. They purchase, collect and manage portfolios of defaulted consumer receivables. Defaulted consumer receivables are the unpaid obligations of individuals to credit originators, including banks, credit unions, consumer and auto finance companies, retail merchants and other service providers. The defaulted consumer receivables Portfolio Recovery Associates collects are either purchased from the credit originator or are collected on behalf of clients on a commission basis.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2015 10:25 AM Buy
None
37.78 47.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/13/2013 8:25 AM Hold
None
40.29

(*) Stock Price at the time of the recommendation.
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