Where CarGurus Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 9 analysts have published their opinion on CarGurus (NASDAQ:CARG) stock. The average price target is $24.33, implying an upside from the current price of $18.02. The average price target has increased by 17.48% over the past month.
August 14, 2023 | 5:00 pm
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POSITIVE IMPACT
Analysts have given an average price target of $24.33 for CarGurus (NASDAQ:CARG), implying an upside from the current price of $18.02. The target has increased by 17.48% over the past month.
The average price target given by analysts suggests a potential upside for CarGurus' stock. This is a positive signal for the company and could lead to an increase in its stock price in the short term. The fact that the target has increased over the past month also indicates growing confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100