LKQ Corp. weakness a buying opportunity, says RW Baird Baird would use the weakness in LKQ Corp. as a buying opportunity citing an overreaction to a short report issued yesterday. The firm defended the integrity of management which was called into question and believes many of the assertions made were false and misleading. The firm maintains it Outperform rating and $38 price target.
News For LKQ From The Last 14 Days
Check below for free stories on LKQ the last two weeks.
LKQ Corp. agrees in principle to acquire five distributors for $180M LKQ Corporation announced that it has signed letters of intent to acquire five Netherlands companies, all of which are customers of and currently serve as distributors for LKQ's Netherlands subsidiary, Sator Holding B.V. Our preliminary estimate of the aggregate annual revenue of the five companies is approximately $180M. LKQ is targeting the completion of the transactions in the second or third quarter of 2014.