UBS Maintains Neutral on CarGurus, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kunal Madhukar has maintained a Neutral rating on CarGurus (NASDAQ:CARG) and increased the price target from $26 to $27.
March 15, 2024 | 12:47 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on CarGurus and raised the price target from $26 to $27.
The increase in price target by UBS suggests a positive outlook on CarGurus' future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100