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.
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: