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Fly News Breaks for February 19, 2016
KAR
Feb 19, 2016 | 07:35 EDT
Baird said they like KAR Auction shares on its recent weakness, citing the company's solid drivers in salvage, optionality embedded in its strategic investments, good visibility and strong cash flow. Baird reiterated its Outperform rating and lowered its price target to $40 from $42 on KAR Auction shares.
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