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KAR

KAR Auction

$60.70

1.09 (1.83%)

16:25
08/07/18
08/07
16:25
08/07/18
16:25

KAR Auction backs FY18 adjusted EPS view $2.89-$3.04, consensus $2.99

  • 08

    Aug

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    Aug

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    Aug

  • 06

    Nov

KAR KAR Auction
$60.70

1.09 (1.83%)

03/01/18
GABE
03/01/18
UPGRADE
Target $61
GABE
Buy
KAR Auction upgraded to Buy from Hold at Gabelli
Gabelli analyst Matthew Paige upgraded KAR Auction to Buy with a $61 private market value following its announcement to pursue a tax-free spinoff of Insurance Auto Auctions. Paige continues to expect KAR to benefit from a surge in off-lease and repositions, as well as total-loss vehicles and management, and does not discount the possibility of an LBO of the remaining company.
03/22/18
RHCO
03/22/18
INITIATION
Target $65
RHCO
Buy
KAR Auction initiated with a Buy at SunTrust
SunTrust initiated KAR Auction with a Buy and $65 price target.
03/23/18
RHCO
03/23/18
INITIATION
Target $65
RHCO
Buy
KAR Auction initiated with a Buy at SunTrust
As reported earlier, SunTrust analyst Stephanie Benjamin initiated KAR Auction with a Buy rating and a price target of $65. Benjamin notes the company's position as the leading vehicle auction firm and expects to see its volume growth accelerate thanks to the "attractive auto auction industry tailwinds and greater operating leverage". The analyst adds that her Sum-Of-The-Parts model following the separation of IAA and ADESA businesses allows her to anticipate a multiple expansion for KAR Auction.
03/23/18
03/23/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. American Eagle (AEO) initiated with a Buy at Loop Capital. 2. GoDaddy (GDDY) initiated with a Buy at Goldman Sachs while Wix.com (WIX) was initiated with a Neutral. 3. KAR Auction (KAR) and Copart (CPRT) were initiated with a Buy at SunTrust while Monro (MNRO) was initiated with a Hold. 4. Talend (TLND) initiated with a Buy at Needham. 5. Sun Hydraulics (SNHY) initiated with a Buy at Stifel. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

BHP

BHP Billiton

$48.30

0.38 (0.79%)

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TGE

Tallgrass Energy

$26.23

0.63 (2.46%)

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TLRY

Tilray

$35.91

5.2 (16.93%)

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  • 28

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LFL

LATAM Airlines

$0.00

(0.00%)

19:10
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Earnings
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MNOV

MediciNova

$8.99

-0.11 (-1.21%)

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HTZ

Hertz

$21.05

0.155 (0.74%)

, FN

Fabrinet

$44.00

0.365 (0.84%)

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$134.67

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APPN

Appian

$36.23

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CREE

Cree

$46.42

0.99 (2.18%)

MELI

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$319.70

-4.3 (-1.33%)

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  • 20

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IBKR

Interactive Brokers

$61.99

0.76 (1.24%)

18:43
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MSFT

Microsoft

$106.87

-0.71 (-0.66%)

18:29
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  • 04

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GSB

GlobalSCAPE

$3.46

(0.00%)

18:27
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  • 10

    Oct

BHP

BHP Billiton

$48.30

0.38 (0.79%)

18:24
08/20/18
08/20
18:24
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18:24
Earnings
BHP reports FY18 underlying profit $9.6B, consensus $9.2B according to Bloomberg »

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LII

Lennox

$225.37

2.76 (1.24%)

18:19
08/20/18
08/20
18:19
08/20/18
18:19
Earnings
Lennox cuts FY18 adjusted EPS view to $8.90-$9.30 from $9.95-$10.35 »

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GDI

Gardner Denver

$28.29

0.36 (1.29%)

18:10
08/20/18
08/20
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Initiation
Gardner Denver initiated  »

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MMM

3M

$204.57

-0.24 (-0.12%)

18:09
08/20/18
08/20
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18:09
Initiation
3M initiated  »

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ETN

Eaton

$81.33

0.35 (0.43%)

18:05
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Initiation
Eaton initiated  »

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FLS

Flowserve

$51.51

0.16 (0.31%)

18:01
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ITW

Illinois Tool Works

$138.37

-1.05 (-0.75%)

17:59
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Initiation
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CFX

Colfax

$33.28

0.62 (1.90%)

17:56
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Initiation
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ALLE

Allegion

$86.97

0.26 (0.30%)

17:54
08/20/18
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17:54
Initiation
Allegion initiated  »

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CGNX

Cognex

$52.42

0.02 (0.04%)

17:53
08/20/18
08/20
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17:53
Initiation
Cognex initiated  »

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UTX

United Technologies

$135.14

0.73 (0.54%)

17:47
08/20/18
08/20
17:47
08/20/18
17:47
Periodicals
United Technologies buys analytics firm Predikto, Dow Jones says »

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JCI

Johnson Controls

$38.73

0.48 (1.25%)

17:47
08/20/18
08/20
17:47
08/20/18
17:47
Initiation
Johnson Controls initiated at Morgan Stanley »

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PH

Parker-Hannifin

$170.11

0.55 (0.32%)

17:43
08/20/18
08/20
17:43
08/20/18
17:43
Initiation
Parker-Hannifin initiated at Morgan Stanley »

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TWTR

Twitter

$32.60

-0.14 (-0.43%)

, FB

Facebook

$172.50

-1.28 (-0.74%)

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Periodicals
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TWTR

Twitter

$32.60

-0.14 (-0.43%)

FB

Facebook

$172.50

-1.28 (-0.74%)

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LII

Lennox

$225.37

2.76 (1.24%)

17:41
08/20/18
08/20
17:41
08/20/18
17:41
Initiation
Lennox initiated at Morgan Stanley »

Lennox initiated with an…

03/08/13
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ROK

Rockwell Automation

$173.77

0.14 (0.08%)

17:34
08/20/18
08/20
17:34
08/20/18
17:34
Initiation
Rockwell Automation initiated at Morgan Stanley »

Rockwell Automation…

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