RBC Capital Maintains Outperform on CarGurus, Raises Price Target to $48
RBC Capital analyst Brad Erickson maintains CarGurus (NASDAQ:CARG) with a Outperform and raises the price target from $40 to $48.
Earnings Scheduled For November 9, 2021
Companies Reporting Before The Bell
• Imara (NASDAQ:IMRA) is projected to report earnings for its third quarter.
• KT (NYSE:KT) is projected to report earnings for its third quarter.
4 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
4 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
RBC Capital Upgrades CarGurus to Outperform, Raises Price Target to $40
RBC Capital analyst Brad Erickson upgrades CarGurus (NASDAQ:CARG) from Sector Perform to Outperform and raises the price target from $34 to $40.
Return on Capital Employed Overview: CarGurus
After pulling data from Benzinga Pro it seems like during Q2, CarGurus (NASDAQ:CARG) earned $38.48 million, a 49.19% increase from the preceding quarter. CarGurus also posted a total of $217.75 million in sales, a 27.06% increase since Q1.
Needham Upgrades CarGurus to Buy, Announces $38 Price Target
Needham analyst Chris Pierce upgrades CarGurus (NASDAQ:CARG) from Hold to Buy and announces $38 price target.