CarGurus (CARG) Tops Q3 EPS by 3c, Offers Q4 Guidance

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CarGurus Inc. (CARG) PT Raised to $59 at RBC Capital

November 8, 2018 6:57 AM EST

RBC Capital analyst Mark Mahaney raised the price target on CarGurus Inc. (NASDAQ: CARG) to $59.00 (from $55.00) while maintaining an Outperform rating following beat and raise Q3.

The analyst said fundamentals remained robust in Q3, and we believe CARG will maintain premium growth in 2019.

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