Form 8-K CarGurus, Inc. For: Aug 08
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
CarGurus Inc. (CARG) PT Raised to $26.50 at DA Davidson
August 9, 2024 6:31 AM EDTDA Davidson analyst Tom White raised the price target on CarGurus Inc. (NASDAQ: CARG) to $26.50 (from $25.50) while maintaining a Neutral rating.
The analyst comments "NEUTRAL; Tweaking estimates; Raising PT Our NEUTRAL rating on CARG shares solely reflects our limited visibility on the timetable... More
CarGurus Inc. (CARG) PT Raised to $30 at RBC Capital
August 9, 2024 6:24 AM EDTRBC Capital analyst Brad Erickson raised the price target on CarGurus Inc. (NASDAQ: CARG) to $30.00 (from $27.00) while maintaining a Outperform rating.
The analyst comments "CARG's qtr was a good one. The company's seeing strong acceleration out of the core business as the used-car end... More
CarGurus Inc. (CARG) PT Raised to $30 at BTIG
August 9, 2024 4:59 AM EDTBTIG analyst Marvin Fong raised the price target on CarGurus Inc. (NASDAQ: CARG) to $30.00 (from $28.00) while maintaining a Buy rating.
The analyst comments "CARG saw no disruption to its business from the CDK (Private) outage and posted marketplace revenue ahead of the high end of guidance. Specifically, marketplace revenue came in at $195MM vs. guidance for $189-$194MM. The outlook was similarly strong, with CARG expecting 3Q marketplace revenue of $199-$204MM, nicely ahead of the Street's $195MM and our $197MM. Rather impressively, assuming 4Q24 marketplace revenue is at least flat... More
