Needham Maintains Buy on CarGurus, Raises Price Target to $22
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Chris Pierce maintains a Buy rating on CarGurus (NASDAQ:CARG) and raises the price target from $20 to $22.
August 10, 2023 | 9:54 am
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POSITIVE IMPACT
Needham analyst maintains a Buy rating on CarGurus and raises the price target from $20 to $22.
The raised price target by Needham analyst indicates a positive outlook for CarGurus. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100