Fly News Breaks for September 13, 2019
Sep 13, 2019 | 07:53 EDT
Jefferies analyst Bret Jordan views the 5% position disclosed by activist ValueAct Capital as a "meaningful positive" for LKQ Corp. "Fresh eyes" and broader business experience may help unlock value, Jordan tells investors in a research note. The analyst sees opportunities to improve the company's European operations by leveraging scale, and believes "wide" cash flow and efficiency improvements should also be available. He keeps a Buy rating on shares of LKQ Corp. with a $37 price target.
News For LKQ From the Last 2 Days
Feb 25, 2020 | 09:10 EST
Meeting to be held in Boston on February 27 hosted by SunTrust.