JP Morgan Initiates Coverage On Cars.com with Overweight Rating, Announces Price Target of $23
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Rajat Gupta initiates coverage on Cars.com (NYSE:CARS) with an Overweight rating and announces a price target of $23.
June 27, 2023 | 9:05 am
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JP Morgan initiates coverage on Cars.com with an Overweight rating and a price target of $23.
JP Morgan's initiation of coverage on Cars.com with an Overweight rating and a price target of $23 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