JP Morgan Maintains Overweight on CarGurus, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta maintains an Overweight rating on CarGurus (NASDAQ:CARG) and raises the price target from $29 to $32.
August 12, 2024 | 12:11 pm
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JP Morgan analyst Rajat Gupta maintains an Overweight rating on CarGurus and raises the price target from $29 to $32.
The Overweight rating and increased price target from a reputable analyst at JP Morgan is likely to boost investor confidence in CarGurus, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100