Credit Acceptance (CACC) Tops Q1 EPS by 30c, Slight Miss on Revenues

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Go back to Credit Acceptance (CACC) Tops Q1 EPS by 30c, Slight Miss on Revenues

Credit Acceptance Corp. (CACC) PT Raised to $226 at BMO Capital on 1Q EPS Beat; 'Beat from Lower Credit Costs & Higher Revenues'

May 3, 2017 10:05 AM EDT

BMO Capital raised its price target on Credit Acceptance Corp. (NASDAQ: CACC) to $226.00 (from $212.00) while maintaining a Market Perform rating, following the company's first quarter report.

Analyst James Fotheringham notes the company delivered a strong first quarter earnings per share print, but... More