Market Overview

UPDATE: Sterne Agee Downgrades Cash America International to Neutral


A report from Sterne Agee downgrades its rating to Neutral and reiterates its $53 price target on Cash America International (NYSE: CSH).

The report states, “On Thursday, following hearings first initiated on October 18th, the Back Bench Business Committee held further hearings on the debt collections and debt management… While arguably we do not know where this debate will lead, we are of the view that during the course of 2012 this debate is more likely to expand and could lead to legislation that focuses on the businesses practices (not fees) of UK based consumer lenders and pay day loan companies.”

CSH closed yesterday at $49.94.


Related Articles (CSH)

View Comments and Join the Discussion!

Posted-In: Sterne Agee & LeachAnalyst Color Downgrades Price Target Pre-Market Outlook Analyst Ratings

Latest Ratings

MURBC CapitalMaintains57.0
MUDeutsche BankMaintains51.0
BHPCredit SuisseUpgrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at