Baird Maintains Outperform on LKQ, Lowers Price Target to $54
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2024
0mins
Should l Buy LKQ?
Source: Benzinga
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Analyst Views on LKQ
Wall Street analysts forecast LKQ stock price to rise
6 Analyst Rating
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 28.890
Low
33.00
Averages
41.25
High
50.00
Current: 28.890
Low
33.00
Averages
41.25
High
50.00
About LKQ
LKQ Corporation is a provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The Company offers its customers a range of original equipment manufacturer (OEM) recycled and aftermarket parts, replacement systems, components, equipment, and services. Its Wholesale - North America segment provides alternative vehicle collision replacement products, paint and body repair related products, and alternative vehicle mechanical replacement products, with its sales, processing, and distribution facilities reaching major markets in the United States and Canada. Its Europe segment provides alternative vehicle replacement and maintenance products in Germany, the United Kingdom, the Benelux region (Belgium, Netherlands, and Luxembourg), Italy, Czech Republic, Austria, Slovakia, France and other European countries. Its Specialty segment is a distributor of specialty vehicle aftermarket equipment and accessories across the United States and Canada.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Overstated Financial Expectations: Due to FinishMaster's inability to maintain market share and ineffective integration efforts, LKQ's reported financial strength and growth prospects were allegedly overstated, with investors gradually learning the truth through disclosures between 2024 and 2025.
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- Lawsuit Background: A class action lawsuit has been filed by Bronstein, Gewirtz & Grossman, LLC against LKQ Corporation and certain officers, alleging violations of federal securities laws from February 27, 2023, to July 23, 2025, seeking damages for affected investors.
- False Statements Allegations: The complaint claims that LKQ misrepresented the integration risks of its FinishMaster acquisition, asserting it would enhance competitiveness in the North American automotive paint market, which did not materialize as stated.
- Investor Participation Opportunity: Investors who suffered losses have until June 22, 2026, to request appointment as lead plaintiff, allowing them to participate in the lawsuit without needing to serve as lead plaintiff to share in any recovery.
- Law Firm's Credentials: Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions, having recovered hundreds of millions for investors, underscoring its commitment to restoring investor capital and ensuring corporate accountability.
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