Seeking Alpha

Liquidity Services (LQDT +4.8%) trades higher after catching an upgrade from Benchmark to Buy...

Liquidity Services (LQDT +4.8%) trades higher after catching an upgrade from Benchmark to Buy from Hold with an improved price target of $57. The firm raises its FY12-FY14 earnings estimates for the auction marketplace on the strength of expected market expansion. Shares of LQDT shot past their 52-week high in early trading.
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