Stephens analyst Vincent Caintic downgraded Santander Consumer USA to Underweight from Equal Weight and lowered his price target for the shares to $23 from $25. The company's earnings benefit from declining credit reserves will fade going forward, Caintic tells investors in a research note. Santander's "business is fine," but the market has overshot expectations for continued 10%-plus year-over-year earnings growth, argues the analyst. He believes Santander Consumer's earnings growth going forward will be slower than years past and below consensus estimates. Caintic also points out that the shares have risen 52% thus far in 2019.