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Fly News Breaks for August 1, 2017
CACC
Aug 1, 2017 | 05:49 EDT
Raymond James analyst Robert Dodd upgraded Credit Acceptance to Market Perform following the Q2 report saying there are some indications of stability and reduced competition has improved market share trends. Further, the analyst said the subprime market weakness is unlikely to be a drag on Credit Acceptance earnings until incremental weakness impacts the company's earnings and volumes.
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