SunTrust analyst Stephanie Benjamin raised her price target on Copart to $63 and kept his Buy rating, saying that today's stock price weakness following its Q4 earnings miss is a "buying opportunity". The analyst cites "favorable secular tailwinds" such as "higher accident rates", higher vehicle pricing, and expectations of further international expansion. Benjamin notes that his price target implies a multiple of 18-times his expected FY20 EBITDA, which is above the company's historical average of 13- to 17-times, but believes the premium is justified by "some of the most attractive industry dynamics in the last three years".