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MQS Management LLC Makes New Investment in KAR Auction Services, Inc. (NYSE:KAR)

MQS Management LLC acquired a new position in KAR Auction Services, Inc. (NYSE:KAR – Get Rating) in the fourth quarter, Holdings Channel reports. The fund acquired 21,719 shares of the specialty retailer’s stock, valued at approximately $283,000. A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard […] ....

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KAR Auction Services (NYSE:KAR) Issues FY23 Earnings Guidance

KAR Auction Services (NYSE:KAR – Get Rating) updated its FY23 earnings guidance on Tuesday. The company provided EPS guidance of $0.37-$0.47 for the period, compared to the consensus EPS estimate of $0.43. Analyst Upgrades and Downgrades A number of brokerages have commented on KAR. Barrington Research restated an outperform rating and issued a $25.00 target […] ....

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