Jefferies & Co Downgrades America's Car-Mart (CRMT) to Hold

June 19, 2008 7:54 AM EDT

Jefferies & Co downgrades America's Car-Mart (Nasdaq: CRMT) from Buy to Hold, citing current valuation and high energy prices. Price target increased to $17.

America's Car-Mart, Inc. is an automotive retailer in the United States focused on the buy here/pay here segment of the used car market.


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