CarGurus shares are trading higher after JMP Securities upgraded the stock from Market Perform to Market Outperform and announced a $30 price target.
Portfolio Pulse from Benzinga Newsdesk
CarGurus shares are trading higher following an upgrade from JMP Securities, which raised the stock from Market Perform to Market Outperform and set a $30 price target.
June 07, 2024 | 3:35 pm
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CarGurus shares are trading higher after JMP Securities upgraded the stock from Market Perform to Market Outperform and set a $30 price target.
The upgrade from JMP Securities to Market Outperform and the new price target of $30 are likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100