JMP Securities Reiterates Market Outperform on CarGurus, Maintains $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones has reiterated a Market Outperform rating for CarGurus (NASDAQ:CARG) and maintained a price target of $32.
September 09, 2024 | 2:16 pm
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JMP Securities has reiterated its Market Outperform rating for CarGurus, maintaining a $32 price target, indicating confidence in the company's performance.
The reiteration of a Market Outperform rating and maintenance of a $32 price target by JMP Securities suggests a positive outlook for CarGurus. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100