Craig-Hallum analyst George Sutton raised the firm’s price target on Liquidity Services (LQDT) to $37 from $28 and keeps a Buy rating on the shares. Liquidity reported a strong Q4 highlighted by broad GMV strength that included especially strong volume in the Reverse Supply Chain Solutions segment, the analyst tells investors in a research note. Although the very strong stock reaction has left Liquidity Services trading at a premium to comps, the firm sees several catalysts moving into FY25 as a good reason to remain constructive on the name.
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