Jefferies Maintains Buy on CarGurus, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Colantuoni maintains a Buy rating on CarGurus (NASDAQ:CARG) and raises the price target from $35 to $38.
October 22, 2024 | 1:30 pm
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Jefferies analyst John Colantuoni has reaffirmed a Buy rating on CarGurus and increased the price target from $35 to $38, indicating a positive outlook for the stock.
The increase in the price target from $35 to $38 by Jefferies suggests a positive outlook for CarGurus, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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