UPDATE: Barrington Research Upgrades LKQ Corp. (LKQ) to Outperform
Get Alerts LKQ Hot Sheet
Rating Summary:
11 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 11 | New: 43
Join SI Premium – FREE
Barrington Research upgraded LKQ Corp. (NASDAQ: LKQ) from Market Perform to Outperform with a price target of $30-$35.
"We believe that LKQ continues to have solid long-term investment attributes and growth opportunities with an attractive valuation created by the impact of the aforementioned short report," said analyst Gary Prestopino.
"We believe that LKQ’s common shares fully reflect the impact of an ill-conceived conjecture-laden short report issued in January whose timing from a valuation standpoint was correct, yet from a factual standpoint was extremely suspect," he added.
For an analyst ratings summary and ratings history on LKQ Corp. click here. For more ratings news on LKQ Corp. click here.
Shares of LKQ Corp. closed at $27.14 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- RBC Capital Upgrades Airbus SE (AIR:FP) (EADSY) to Outperform, 'positive shift in sentiment has room to run'
- Bodycote Plc. (BOY:LN) (BYPLF) PT Raised to GBP7.20 at RBC Capital
- HSBC Upgrades Raia Drogasil SA (RADL3:BZ) to Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, UpgradesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!