RBC Capital Maintains Outperform on CarGurus, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains an Outperform rating on CarGurus (NASDAQ:CARG) and raises the price target from $26 to $27.
May 10, 2024 | 3:26 pm
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RBC Capital analyst Brad Erickson reaffirmed an Outperform rating on CarGurus and increased the price target from $26 to $27.
The upgrade in price target by a reputable analyst like Brad Erickson suggests a positive outlook on CarGurus' stock, likely leading to increased investor confidence and potentially a short-term rise in stock price.
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