Jefferies Cuts Estimates and PT on Cash America International (CSH); Pawn Stalls

Jefferies maintains a 'Buy' on Cash America International (NYSE: CSH) price target of $45.00 (from $57.00).

Analyst, Daniel Furtado, said, "CSH reported EPS of $0.94, below JEF and Street estimates of $0.97. US retail metrics showed a marked decrease as overall retail demand and foot traffic was soft versus prior quarters. Despite this, the e-commerce segment continued the growth trajectory of recent quarters."

Lowers current qtr from $1.33 to $0.99, FY12 from $4.95 to $4.53 and FY13 from $5.68 to $5.06.

For an analyst ratings summary and ratings history on Cash America International click here. For more ratings news on Cash America International click here.

Shares of Cash America International closed at $36.69 yesterday.

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