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Credit Acceptance Corp (CACC) shares recently surpassed the average analyst 12-month target price of $486.25, trading at $505.45 per share. Analysts are assessing whether to downgrade valuations or raise their target prices following this milestone.
Within the Zacks coverage universe, there are four analysts contributing to the average target. Individual targets range from a low of $355.00 to a high of $540.00, with a standard deviation of $87.92. Currently, the analyst ratings include three holds and one strong sell, with an average rating of 3.5 on a scale where 1 is a strong buy and 5 is a strong sell.
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