The Latest Breaking News from IAA Inc

IAA Partners With Boacon Autos For New Auction Center In Ghana

IAA Inc (NYSE:IAA) established a new market alliance agreement with Boacon Autos in the country of Ghana. The new IAA Auction Center in Ghana will complement the existing location in Lagos, Nigeria. Staff at these physical centers will help buyers learn about IAA and submit bids. “Our new market alliance with Boacon Autos…

Benzinga · Mar 21, 2022

Read How Analysts Reacted To IAA's Q4 Results

Truist analyst Stephanie Moore lowered the price target on IAA Inc (NYSE:IAA) to $50 (an upside of 40.5%) from $75 and maintained a Buy rating on the shares. The analyst mentioned the company reported a Q4 EBITDA miss and offered "mixed" FY22 guidance on EBITDA margin, but the subsequent 22% stock price decline is "overdone." Moore…

Benzinga · Feb 14, 2022