TD Cowen Maintains Hold on Credit Acceptance, Raises Price Target to $600
TD Cowen analyst Moshe Orenbuch maintains Credit Acceptance (NASDAQ:CACC) with a Hold and raises the price target from $575 to $600.
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TD Cowen analyst Moshe Orenbuch maintains Credit Acceptance (NASDAQ:CACC) with a Hold and raises the price target from $575 to $600.
Read original at benzingaCredit Acceptance (NASDAQ:CACC) reported quarterly earnings of $12.12 per share which beat the analyst consensus estimate of $11.86 by 2.19 percent. This is a 20.6 percent increase over earnings of $10.05 per share from
Read original at benzingaCredit Acceptance Corporation announced significant leadership changes on July 27, 2026, including the appointment of Siddharth Lal as Chief Marketing Officer to lead integrated marketing and product efforts. The company also plans to hire a new Chief Technology Officer by late August. Andrew Rostami (Chief Product and Marketing Officer) and Ravi Mohan (Chief Technology Officer) will step down effective August 14, 2026. Additionally, Kenneth Booth retired from the board of directors, reducing board size from six to five members. These changes are designed to support the company's digital-first strategy and next phase of growth.
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