KAR Auction Services (KAR +4%) gains on an upgrade to Overweight by analysts at Stephens. The...

|About: KAR Auction Services (KAR)|By:, SA News Editor

KAR Auction Services (KAR +4%) gains on an upgrade to Overweight by analysts at Stephens. The firm cites better industry fundamentals and expectations for vehicle volume to accelerate during the second half of next year. The price target has also been raised to $23 from $19.