Freedom Broker Starts Copart (CPRT) at Buy

Freedom Broker analyst Dmitriy Pozdnyakov initiates coverage on Copart (NASDAQ: CPRT) with a Buy rating and a price target of $39.00.

The analyst commented: "We initiate coverage of Copart (CPRT) with a Buy rating and a $39 12-month price target. Copart offers a rare combination of structural salvage tailwinds, a scaled digital auction platform, deep insurer relationships, and balance sheet flexibility. We believe this supports durable earnings growth and attractive upside from current levels."

For an analyst ratings summary and ratings history on Copart click here. For more ratings news on Copart click here.

Shares of Copart closed at $30.05 yesterday.

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