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LKQ Corp. price target raised to $49 from $48 at JPMorgan

LKQ Corp. price target raised to $49 from $48 at JPMorgan

JPMorgan raised the firm’s price target on LKQ Corp. (LKQ) to $49 from $48 and keeps an Overweight rating on the shares. The company’s Q4 results were a modest beat on revenue and EBITDA, driven by stronger than anticipated EBITDA contribution from the Europe segment, the analyst tells investors in a research note. The firm says LKQ’s 2025 earnings guidance is stronger than anticipated, demonstrating its ongoing solid execution on controllables.

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