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Credit Acceptance price target lowered to $525 from $550 at Stephens

Stephens lowered the firm’s price target on Credit Acceptance (CACC) to $525 from $550 and keeps an Equal Weight rating on the shares. Following the company’s Q1 report, the firm lowered its FY25 and FY26 adjusted EPS forecasts to $38.65 and $44.90 from $40.59 and $47.21, respectively, the analyst noted.

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