Santander Consumer USA (SC) Tops Q2 EPS by 14c, Beats on Revenues

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Santander Consumer USA Holdings Inc. (SC) PT Lowered to $15 at UBS

August 1, 2017 8:45 AM EDT

UBS lowered its price target on Santander Consumer USA Holdings Inc. (NYSE: SC) to $15.00 (from $15.50) while maintaining a Buy rating. SC reported 2Q EPS of $0.74, ahead of the $0.60 consensus estimate. Much of the beat was driven by a lower tax rate associated with... More