Sidoti Downgrades Asset Acceptance Capital Corp. (AACC); Shares Fall

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Shares of Asset Acceptance Capital Corp. (NASDAQ: AACC) are down more than 3 percent Thursday morning despite a nice rally in the broader stock market. The weakness can be attributed to an earlier downgrade from Sidoti's Hugh Miller. The analyst now rates the stock a Neutral, down from Buy previously. The stock's price target was lowered from $7 to $5.

Asset Acceptance Capital Corp. shares last traded at $5.58.

For an analyst ratings summary and ratings history on Asset Acceptance Capital Corp. click here. For more ratings news on Asset Acceptance Capital Corp. click here.

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