IAA (NYSE:IAA) Now Covered by Wolfe Research

Research analysts at Wolfe Research started coverage on shares of IAA (NYSE:IAA) in a note issued to investors on Friday, Briefing.com Automated Import reports. The firm set an “outperform” rating on the stock.

Other analysts have also issued reports about the stock. Guggenheim upped their price objective on shares of Equinix from $505.00 to $540.00 and gave the stock a “sell” rating in a research note on Tuesday, July 2nd. SunTrust Banks upped their price objective on shares of Constellation Brands from $180.00 to $190.00 and gave the stock a “hold” rating in a research note on Monday, July 1st. Robert W. Baird began coverage on shares of IAA in a research note on Friday, June 28th. They issued an “outperform” rating for the company. Stephens set a $112.00 price objective on shares of Genesee & Wyoming and gave the stock a “hold” rating in a research note on Monday, July 1st. Finally, Barrington Research began coverage on shares of IAA in a research note on Monday, July 8th. They issued a “market perform” rating and a $43.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $45.75.

NYSE:IAA opened at $43.04 on Friday. IAA has a 1-year low of $38.08 and a 1-year high of $44.11.

Institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC bought a new position in IAA in the second quarter worth about $289,000. NN Investment Partners Holdings N.V. bought a new position in IAA in the second quarter worth about $506,000. Retirement Systems of Alabama bought a new position in IAA in the second quarter worth about $1,991,000. First National Bank of Omaha bought a new position in IAA in the second quarter worth about $3,812,000. Finally, KAMES CAPITAL plc bought a new position in IAA in the second quarter worth about $23,638,000.

IAA Company Profile

IAA, Inc provides salvage vehicle auctions and related services. It offers salvage auction services, such as inbound transportation logistics, inspection, evaluation, salvage recovery, titling, and settlement administrative services. The company's salvage auctions facilitate the remarketing of damaged vehicles designated as total losses by insurance companies, charity donation vehicles, recovered stolen (or theft) vehicles, and low value used vehicles through live and online auctions.

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Analyst Recommendations for IAA (NYSE:IAA)

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