JMP Securities Upgrades CarGurus to Market Outperform, Announces $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has upgraded CarGurus (NASDAQ:CARG) from Market Perform to Market Outperform, setting a price target of $30.
June 07, 2024 | 3:34 pm
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JMP Securities has upgraded CarGurus from Market Perform to Market Outperform, with a new price target of $30. This upgrade could positively influence investor sentiment and drive short-term stock price appreciation.
The upgrade from Market Perform to Market Outperform by JMP Securities, along with a specific price target of $30, is likely to boost investor confidence and attract buying interest in the short term. Such analyst upgrades often lead to positive price movements.
CONFIDENCE 90
IMPORTANCE 80
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