RBC Capital Maintains Outperform on CarGurus, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains an Outperform rating on CarGurus (NASDAQ:CARG) and raises the price target from $27 to $30.
August 09, 2024 | 7:15 pm
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POSITIVE IMPACT
RBC Capital analyst Brad Erickson maintains an Outperform rating on CarGurus and raises the price target from $27 to $30.
The raised price target and maintained Outperform rating from a reputable analyst at RBC Capital is likely to positively impact CarGurus' stock price in the short term as it signals confidence in the company's performance and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100