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Enter Symbol:
Rating: PRAA
Strong Buy $47

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

Tuesday,  Nov 17, 2015  10:25 AM ET by Dave Ficere

Raymond James upgraded Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) to Strong Buy
with price target $47. Previously Raymond James rated Mkt Perform Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) on 03/13/2013, when the stock price was $40.29.

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.



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