Assessing CarGurus: Insights From 10 Financial Analysts
Portfolio Pulse from Benzinga Insights
CarGurus (NASDAQ:CARG) has received mixed ratings from 10 analysts, with a majority being somewhat bullish. The average 12-month price target has increased to $30.95. Despite a decline in revenue growth, CarGurus maintains strong net margins and a balanced debt approach.
October 22, 2024 | 3:01 pm
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CarGurus has received a mix of bullish and somewhat bullish ratings from analysts, with an average price target increase to $30.95. Despite a recent revenue decline, the company shows strong net margins and effective debt management.
The majority of analysts have a bullish outlook on CarGurus, with several raising their price targets. The increase in the average price target suggests positive sentiment. Despite revenue challenges, strong net margins and effective debt management are positive indicators.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100