Santander Consumer USA (SC) Misses Q4 EPS by 38c

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Jefferies Sees Santander Consumer USA (SC) as Undervalued - Reiterates Buy

January 28, 2016 8:56 AM EST

Jefferies maintained a Buy rating on Santander Consumer USA Holdings Inc. (NYSE: SC), and cut the price target to $15.00 (from $29.00), following the company's 4Q earnings report. Core EPS of $0.35 missed the Street's $0.56 estimates. NCOs ticked up a bit higher than forecast while competitive pressures... More