Barrington raised the firm’s price target on Liquidity Services (LQDT) to $40 from $35 and keeps an Outperform rating on the shares following fourth quarter earnings. The firm told investors that Q4 results reflect market share expansion and consistent growth driven by investments in innovation, increased service offerings and operational execution. Barrington added that Q1 guidance was “better than expected” and that the firm increased its FY25 EBITDA estimate.
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Read More on LQDT:
- Liquidity Services price target raised to $37 from $28 at Craig-Hallum
- Liquidity Services Reports Strong Q4 Financial Results
- Liquidity Services price target raised to $35 from $27 at Barrington
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