JP Morgan Maintains Overweight on CarGurus, Lowers Price Target to $27
Portfolio Pulse from jenniferd'souza@benzinga.com
JP Morgan analyst Rajat Gupta maintains an Overweight rating on CarGurus (NASDAQ:CARG) but lowers the price target from $29 to $27.
August 14, 2023 | 12:58 pm
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JP Morgan maintains an Overweight rating on CarGurus but lowers the price target from $29 to $27.
The news is directly related to CarGurus. While the Overweight rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100