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OPENLANE Inc. (KAR) shares recently traded at $23.39, surpassing the average analyst 12-month target price of $23.14. Analysts recommend two courses of action: downgrade the stock on valuation or raise the target price based on positive company developments. The current consensus reflects a diverse range of analyst targets, with the lowest at $20.00 and the highest at $26.00.
In the Zacks coverage universe, there are 7 analysts contributing to the average price target for OPENLANE Inc. The standard deviation of the targets is $2.478. Current analyst ratings include 4 strong buy, 0 buy, 4 hold, and 0 sell or strong sell ratings, resulting in an average rating of 2.0 (on a scale where 1 is Strong Buy and 5 is Strong Sell).
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