JPMorgan analyst Rajat Gupta raised the firm’s price target on Openlane (KAR) to $29 from $28 and keeps a Neutral rating on the shares. The company reported a Q3 “beat and raise” but its valuation reflects the growth, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KAR: