JP Morgan Initiates Coverage On CarGurus with Overweight Rating, Announces Price Target of $29
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Rajat Gupta initiates coverage on CarGurus (NASDAQ:CARG) with an Overweight rating and announces a price target of $29.
June 27, 2023 | 9:03 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan initiates coverage on CarGurus with an Overweight rating and a price target of $29.
JP Morgan's initiation of coverage with an Overweight rating and a price target of $29 for CarGurus indicates a positive outlook for the stock. This news is likely to attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100