Credit Acceptance Announces Third Quarter 2017 Earnings
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Credit Acceptance Corp. (CACC) PT Raised to $275 at Jefferies Following 3Q
October 31, 2017 9:08 AM EDTJefferies raised its price target on Credit Acceptance Corp. (NASDAQ: CACC) to $275.00 (from $260.00) while maintaining a Hold rating following the company's 3Q earnings report. CACC reported adjusted EPS of $5.43, exceeding the Street's $4.99. Revenue growth of 15% was consistent with forecasts while lower expenses drove the... More
