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KAR

KAR Auction

$60.84

0.14 (0.23%)

09:34
08/09/18
08/09
09:34
08/09/18
09:34

KAR Auction downgraded to Hold on valuation at Gabelli

Gabelli analyst Matthew Paige downgraded KAR Auction to Hold from Buy citing valuation and recommends investors wait for a better entry point.

  • 14

    Aug

  • 15

    Aug

  • 06

    Nov

KAR KAR Auction
$60.84

0.14 (0.23%)

08/09/18
RHCO
08/09/18
NO CHANGE
Target $70
RHCO
Buy
KAR Auction price target raised to $70 from $65 at SunTrust
SunTrust analyst Stephanie Benjamin raised her price target on KAR Auction to $70 and kept her Buy rating after its Q2 earnings beat and raised FY18 guidance. The analyst adds that her sum-of-the-parts analysis suggests that a higher enterprise value to EIBTDA multiple is warranted, with the earnings highlighting the momentum of its ADESA and IAA businesses.
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.
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.
03/22/18
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.

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LRLCY

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TSRO

Tesaro

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SCGLY

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BILI

Bilibili

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-1.01 (-6.98%)

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TWTR

Twitter

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  • 28

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PBR

Petrobras

$14.60

-0.27 (-1.82%)

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LLY

Eli Lilly

$114.20

0.35 (0.31%)

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Options
Eli Lilly call volume above normal and directionally bullish »

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  • 03

    Dec

INGN

Inogen

$137.12

-4.73 (-3.33%)

, RMD

ResMed

$102.53

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RMD

ResMed

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  • 27

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MDT

Medtronic

$90.66

-3.02 (-3.22%)

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  • 20

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SCGLY

Societe Generale

$0.00

(0.00%)

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SPX

S&P 500

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(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$269.10

-4.65 (-1.70%)

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SPY

SPDR S&P 500 ETF Trust

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T

AT&T

$30.41

0.11 (0.36%)

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  • 03

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PEP

PepsiCo

$118.30

-0.09 (-0.08%)

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AAL

American Airlines

$35.36

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$NSD

NASDAQ Market Internals

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(0.00%)

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GNMX

Aevi Genomics Medicine

$1.12

-0.04 (-3.45%)

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  • 20

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$NYE

NYSE Market Internals

$0.00

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TEVA

Teva

$21.82

-0.43 (-1.93%)

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Options
Teva put volume heavy and directionally bearish »

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  • 02

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PRT

PermRock Royalty Trust

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CFX

Colfax

$23.54

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  • 19

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