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Openlane price target raised to $30-$35 range from $30 at Barrington

Barrington analyst Gary Prestopino raised the firm’s price target range on Openlane (KAR) to $30-$35 from $30 and keeps an Outperform rating on the shares. The firm is increasing its 2025 and 2026 adjusted EBITDA estimates based on Q2 results, an increase in guidance and “solid momentum exiting Q2,” the analyst tells investors in a post-earnings note.

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