Goldman Sachs Starts CarGurus Inc. (CARG) at Neutral

November 6, 2017 5:26 AM EST
Get Alerts CARG Hot Sheet
Price: $37.94 --0%

Rating Summary:
    14 Buy, 8 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 14 | New: 9
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Goldman Sachs initiates coverage on CarGurus Inc. (NASDAQ: CARG) with a Neutral rating and a price target of $25.00.

Analyst Heath Terry likes the innovative search model but feels the company is trading a premium valuation already with potential for further growth largely reflected in the valuation.

For an analyst ratings summary and ratings history on CarGurus Inc. click here. For more ratings news on CarGurus Inc. click here.

Shares of CarGurus Inc. closed at $31.44 Friday.



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