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Openlane price target raised to $25 from $22 at JPMorgan

JPMorgan analyst Rajat Gupta raised the firm’s price target on Openlane (KAR) to $25 from $22 and keeps a Neutral rating on the shares following the Q2 report. The company reported strong results on U.S. marketplace momentum and Canada growth, the analyst tells investors in a research note.

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