World Acceptance climbs on FBR upgrade

|About: World Acceptance Corporation (WRLD)|By:, SA News Editor

Shares of World Acceptance (WRLD +7.1%) climb after FBR Capital upgrades the small-loan consumer lender to Outperform from Perform and hikes its PT to $105 ($90 previous).

The firm believes that with 36% of its branches in Texas and Georgia, World "stands to benefit from favorable fee increases in these states."