Needham Reiterates Buy on CarGurus, Maintains $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce has reiterated a 'Buy' rating on CarGurus (NASDAQ:CARG) and maintained a price target of $22.
November 08, 2023 | 12:23 pm
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Needham analyst Chris Pierce has reiterated a 'Buy' rating on CarGurus, maintaining a price target of $22.
The reiteration of a 'Buy' rating by a Needham analyst indicates a positive outlook for CarGurus. The maintained price target of $22 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
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