Oppenheimer Maintains Outperform on CarGurus, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jed Kelly maintains an Outperform rating on CarGurus (NASDAQ:CARG) and raises the price target from $26 to $30.
February 27, 2024 | 12:34 pm
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Oppenheimer analyst Jed Kelly maintains an Outperform rating on CarGurus and raises the price target from $26 to $30.
The increase in price target by a reputable analyst suggests a positive outlook on CarGurus' stock, likely leading to increased investor confidence and potentially a short-term rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100