SunTrust analyst Stephanie Benjamin kept her Buy rating and $63 price target on Copart after its in-line Q1 earnings, noting that the top-line was driven by higher than expected Vehicle Sales revenue even though its Auctions revenue was below expectations. The analyst maintains her bullish stance on the company with anticipated benefits coming from "higher accident rates, increased vehicle pricing, and further international expansion". Benjamin also cites Copart's details around the progress of its expansion in Germany, stating that having built a network and marketplace in the country, its volumes should "materially increase going forward".