TD Cowen Maintains Sell on Credit Acceptance, Lowers Price Target to $380
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 $400 to $380.
November 01, 2024 | 6:25 pm
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TD Cowen analyst Moshe Orenbuch maintains a Sell rating on Credit Acceptance and lowers the price target from $400 to $380, indicating a bearish outlook.
The maintained Sell rating and reduced price target from $400 to $380 by TD Cowen suggest a negative outlook on Credit Acceptance's stock performance. This is likely to exert downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100