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

|About: Liquidity Services, Inc. (LQDT)|By:, SA News Editor

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.