Seeking Alpha

Cash America jumps on Janney upgrade

  • Cash America International (CSH +7.6%) soars after Janney Montgomery upgrades the shares to Buy from Neutral.
  • The stock currently trades at an "excessive discount" as the market has more than priced in "the risk of negative payday regulation."
  • Price target is $49.
  • Peers trading higher include FCFS +1.9% and WRLD +2.8%,
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