JP Morgan Reinstates Neutral on Copart, Announces $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jash Patwa reinstates Copart (NASDAQ:CPRT) with a Neutral rating and sets a $48 price target.

February 27, 2024 | 6:39 pm
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JP Morgan analyst Jash Patwa reinstates Copart with a Neutral rating and a $48 price target.
The reinstatement of Copart by JP Morgan with a Neutral rating and a specific price target suggests a balanced view on the stock's future performance. This could lead to a neutral short-term impact on the stock price as the market digests this new information and aligns expectations with the analyst's perspective.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100