In the last three months, 6 analysts have published ratings on CarGurus (NASDAQ:CARG), offering a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
3
2
0
0
Last 30D
0
1
0
0
0
1M Ago
1
2
1
0
0
2M Ago
0
0
0
0
0
3M Ago
0
0
1
0
0
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $27.25, along with a high estimate of $30.00 and a low estimate of $25.00. This current average reflects an increase of 9.0% from the previous average price target of $25.00.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of CarGurus among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Nicholas Jones
JMP Securities
Announces
Market Outperform
$30.00
-
Tom White
DA Davidson
Raises
Neutral
$25.50
$22.00
Rajat Gupta
JP Morgan
Raises
Overweight
$29.00
$27.00
Brad Erickson
RBC Capital
Raises
Outperform
$27.00
$26.00
Chris Pierce
Needham
Raises
Buy
$25.00
$24.00
Kunal Madhukar
UBS
Raises
Neutral
$27.00
$26.00
Key Insights:
Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments ...Full story available on Benzinga.com
Benzinga
