- Gross Auction Proceeds - US$76+ million
- Amount sold to online bidders - US$31+ million
- Unique bidders (total) - 2,100+
- Unique online bidders - 1,300+
- Lots sold - 1,750+
- Number of sellers - 180+
Ritchie Bros. (RBA) stock price target was upped to $39 this morning at Baird.
Ritchie Bros. (RBA) is acquiring the e-commerce site IronPlanet for $758 million, a deal that Oppenheimer analysts say will help expand Ritchie Bros' digital capabilities.
Ritchie Bros. (RBA) agreed late yesterday to buy the e-commerce site IronPlanet, backed by Caterpillar (CAT), for $758 million.
Here are Monday's top research calls, including upgrades for American Eagle, Sony and Valeant, and a downgrade for Best Buy.