Analyst Expectations for CarGurus's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for CarGurus (NASDAQ:CARG) within the last quarter, with one bullish, one somewhat bullish, and two indifferent. The average 12-month price target for CarGurus is $22.75, representing a 7.14% decrease from the previous average price target of $24.50.
November 08, 2023 | 1:00 pm
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NEGATIVE IMPACT
Analysts' ratings for CarGurus vary, with an average 12-month price target of $22.75, a 7.14% decrease from the previous target.
The decrease in the average price target suggests that analysts are less optimistic about CarGurus' future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100