Openlane price target lowered to $28 from $29 at JPMorgan

JPMorgan lowered the firm’s price target on Openlane (OPLN) to $28 from $29 and keeps a Neutral rating on the shares. The firm adjusted ratings and targets in the franchise auto dealers and marketplaces group as part of a Q4 earnings preview. The group’s setup is “neutral to modestly attractive” in the near-term on “resilient” consumer demand and a “reasonable” 2026 earnings bar, the analyst tells investors in a research note.