KAR Auction Services (NYSE:KAR)‘s stock had its “buy” rating
restated by research analysts at JPMorgan Chase & Co. in a research report
issued on Friday, American Banking News.com reports. They currently have a
$34.00 price objective on the stock. JPMorgan Chase & Co.’s price objective
would suggest a potential upside of 19.93% from the company’s current price.
A number of other analysts have also recently weighed in on
KAR. Analysts at BB&T Corp. raised their price target on shares of KAR
Auction Services to $33.00 in a research note to investors on Friday. They now
have a “buy” rating on the stock. Separately, analysts at Zacks upgraded shares
of KAR Auction Services from a “neutral” rating to an “outperform” rating in a
research note to investors on Wednesday. They now have a $30.80 price target on
the stock. Read more.
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