JPMorgan analyst Rajat Gupta raised the firm’s price target on CarGurus (CARG) to $38 from $36 and keeps a Neutral rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CARG:
- Analyst Lifts CarGurus Price Target to $43, Reaffirming Buy on Strong Execution and AI-Driven Growth
- CarGurus Earns Buy Rating on Re-Accelerating Marketplace Growth, AI-Driven Engagement, and EPS Support from Share Repurchases
- CarGurus reports Q1 adjusted EPS 58c, consensus 57c
- CarGurus sees Q2 adjusted EPS 57c-64c, consensus 60c
- CarGurus sees FY26 revenue growth of 10%-13% year-over-year