Baird analyst Craig Kennison lowered the firm’s price target on LKQ Corp. to $54 from $58 and keeps an Outperform rating on the shares. The firm said nvestors expected better Q1 results since guidance was offered February 22, but management held 2024 guidance for EPS. Baird believes the stock is washed out near $42.
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Read More on LKQ:
- LKQ Corp. backs 2024 adjusted EPS view $3.90-$4.20, consensus $4.04
- LKQ Corp.reports Q1 adjusted EPS 82c, consensus 95c
- LKQ Corp Announces Key Financial Leadership Appointments
- LKQ Corporation to Release First Quarter 2024 Results on Tuesday, April 23, 2024
- LKQ Corp Board Veteran Joseph Holsten Announces Retirement
