Stifel Maintains Buy on LKQ, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Butler maintains a Buy rating on LKQ but lowers the price target from $53 to $47.
October 25, 2024 | 3:31 pm
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NEUTRAL IMPACT
Stifel analyst Brian Butler maintains a Buy rating on LKQ but lowers the price target from $53 to $47, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in LKQ's performance, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100