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Fly News Breaks for May 11, 2018
WRLD
May 11, 2018 | 09:05 EDT
BMO Capital analyst James Fotheringham raised his price target on World Acceptance to $87 after its Q4 earnings beat that were supported by lower operating and credit costs. The analyst keeps his Underperform rating however, adding that the company's 11.8-times forward PE valuation is still more than twice the multiple of its faster-growing peer OneMain Holdings (OMF). Fotheringham adds that there is still little clarity about the company's legal troubles in Mexico.
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