UPDATE: Bank of America Upgrades Liquidity Services Following Strong GMV Growth Returns
September 11, 2013 at 10:16 AM EDT
In a report published Wednesday, Bank of America analyst Nat Schindler upgraded the rating on Liquidity Services (NASDAQ: LQDT ) from Underperform to Buy, and raised the price target from $28.50 to $45.00. In the report, Bank of America noted, “Liquidity Services GMV numbers have reaccelerated in July ($81mn, up