Stephens & Co. Reiterates Equal-Weight on Openlane, Maintains $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Daniel Imbro has reiterated an Equal-Weight rating on Openlane (NYSE:KAR) and maintained a $13 price target for the company's stock.
December 05, 2023 | 4:22 pm
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Openlane's stock rating has been reiterated as Equal-Weight by Stephens & Co. with a steady price target of $13, indicating no significant change in analyst sentiment.
The reiteration of an Equal-Weight rating and maintenance of the price target suggests that Stephens & Co.'s view on Openlane has not changed. This typically does not have a significant impact on the stock price in the short term, as it reflects a neutral stance with no new positive or negative information.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100