TD Cowen Maintains Sell on Credit Acceptance, Lowers Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Moshe Orenbuch maintains a Sell rating on Credit Acceptance (NASDAQ:CACC) and lowers the price target from $440 to $400.

August 01, 2024 | 6:24 pm
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TD Cowen analyst Moshe Orenbuch maintains a Sell rating on Credit Acceptance (NASDAQ:CACC) and lowers the price target from $440 to $400.
The maintenance of a Sell rating combined with a lowered price target from $440 to $400 by TD Cowen is likely to negatively impact the short-term stock price of Credit Acceptance. This indicates a bearish outlook from the analyst, which could lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100