Barrington raised the firm’s price target on Liquidity Services (LQDT) to $40 from $35 and keeps an Outperform rating on the shares following fourth quarter earnings. The firm told investors that Q4 results reflect market share expansion and consistent growth driven by investments in innovation, increased service offerings and operational execution. Barrington added that Q1 guidance was “better than expected” and that the firm increased its FY25 EBITDA estimate.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LQDT:
- Liquidity Services price target raised to $37 from $28 at Craig-Hallum
- Liquidity Services Reports Strong Q4 Financial Results
- Liquidity Services price target raised to $35 from $27 at Barrington
- Morning Movers: Keros Therapeutics plummets after halting TROPOS trial dosing
- Options Volatility and Implied Earnings Moves Today, December 12, 2024