JPMorgan Lowers LKQ Price Target Amid Earnings Miss
JPMorgan Chase & Co. lowered its price target for LKQ Corporation from $37.00 to $30.00 in a research report issued on Friday, according to MarketBeat.
The firm currently has an 'overweight' rating on the auto parts company's stock and predicts a potential upside of 34.08% from the company's current price of $22.38 per share.
Several other brokerages have also issued reports on LKQ, with Raymond James Financial setting a $30.00 price target and Stephens decreasing its price objective on LKQ from $39.00 to $36.50.