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Fly News Breaks for February 3, 2016
CACC
Feb 3, 2016 | 09:22 EDT
Raymond James downgraded Credit Acceptance Corp to Underperform from Market Perform. Analyst Robert Dodd believes downside risks in the consumer auto-lending market place significantly outweigh upside potential, and in combination with a risk of multiple compression, shares are likely to underperform the market and other specialty finance providers in the near-term.
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