World Acceptance price target raised to $113 from $108 at Stephens

Stephens raised the firm’s price target on World Acceptance to $113 from $108 and keeps an Underweight rating on the shares. The firm, which was “somewhat surprised” that shares were up 17% on earnings, says many point to management’s reiteration of $20.45 EPS guidance for FY25, but adds “We remain skeptical.” The firm does not think macro consumer credit has improved enough to assume significant improvement, the analyst added.