Fox-Pitt Kelton Starts Asset Acceptance Capital (AACC) at Underperform
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Fox-Pitt Kelton initiates coverage on Asset Acceptance Capital Corp. (Nasdaq: AACC) with an Underperform rating and $5 price target.
Asset Acceptance Capital Corp. and its subsidiaries purchase and collect defaulted and/or charged-off accounts receivable portfolios from consumer credit originators in the United States.
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