Reported about 20 hours ago
JPMorgan has reduced its price target for Copart, Inc. (CPRT) from $60 to $55, maintaining a Neutral rating following the company’s fiscal Q3 2025 results. Despite a year-over-year revenue increase of 7.49% to $1.21 billion, Copart fell short of revenue expectations by $17.1 million, although EPS of $0.42 met market predictions. The firm indicated challenges in the market contributed to these results, especially noting stagnation in US segment sales.
Source: YAHOO