Copart price target raised to $33 from $32 at Barclays

Barclays analyst John Babcock raised the firm’s price target on Copart (CPRT) to $33 from $32 and keeps an Underweight rating on the shares following the fiscal Q1 report. The company’s insurance volumes are showing the impact of elevated uninsured rates and “market share evolution,” the analyst tells investors in a research note.