TD Cowen raised the firm’s price target on Credit Acceptance (CACC) to $450 from $420 and keeps a Sell rating on the shares. The firm noted they posted a beat which was driven by lower loan loss provisionand modestly higher revenue.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CACC: