CarGurus (CARG) Tops Q1 EPS by 1c, Offers Guidance

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CarGurus Inc. (CARG) PT Lowered to $44 at Jefferies

May 10, 2022 8:29 AM EDT

Jefferies analyst John Colantuoni lowered the price target on CarGurus Inc. (NASDAQ: CARG) to $44.00 (from $58.00) while maintaining a Buy rating following earnings

The analyst commented, "Impressive top-line momentum at IMCO was outweighed by disappointing CarOffer GMS and 2Q EBITDA guide-down, as plans to ramp... More

CarGurus Inc. (CARG) PT Lowered to $40 at Needham & Company

May 10, 2022 6:38 AM EDT

Needham & Company analyst Chris Pierce lowered the price target on CarGurus Inc. (NASDAQ: CARG) to $40.00 (from $52.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating on CARG post better than expected 1Q results, but lower our target post 2Q... More