Barrington Research Reiterates Outperform on Cars.com, Maintains $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Gary Prestopino has reiterated an Outperform rating on Cars.com (NYSE:CARS), maintaining a price target of $25.
February 26, 2024 | 2:30 pm
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Barrington Research maintains an Outperform rating on Cars.com with a $25 price target.
The reiteration of an Outperform rating and a $25 price target by a reputable analyst like Gary Prestopino from Barrington Research is likely to instill confidence among investors and could lead to a positive short-term impact on the stock price of Cars.com. Analyst ratings, especially those that are positive, tend to influence market perception and investor sentiment, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100