CarGurus Inc

NASDAQ:CARGUnited States

Nov 11, 2024

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• DJ CarGurus Reports October Gains in Auto Demand -- Market Talk, from 12:48PM ET on Monday Nov 11, 2024 by Dow Jones

  12:48PM ET on Monday Nov 11, 2024 by Dow Jones
  Companies Mentioned: F, STLA, HMC, HYMLY, NSANY, TSLA, TM, GM, CARG
  
  1248 ET - Consumer demand for new and used vehicles rose in October following declines the month before, according to the latest monthly data from the digital auto retail platform CarGurus. Used vehicle demand was up 5% from September and 6% year-over-year, while new car demand jumped 4% sequentially and 8% year-over-year. Used vehicle inventory showed signs of stabilizing during the quarter too, the report says, adding that part of the rise in used auto demand came from a growing supply of certified pre-owned vehicles. Used vehicles are spending less time on the lot as their prices and inventory have improved, CarGurus' Kevin Roberts says. (dean.seal@wsj.com)
  

• DJ CarGurus Is Maintained at Outperform by RBC Capital, from 11:53AM ET on Monday Nov 11, 2024 by Dow Jones

  11:53AM ET on Monday Nov 11, 2024 by Dow Jones
  Companies Mentioned: CARG
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/CARG/analyst-ratings
  
  (END) Dow Jones Newswires
  
  November 11, 2024 11:53 ET (16:53 GMT)
  

• UBS Adjusts Price Target on CarGurus to $38 From $30, Maintains Neutral Rating, from 10:11AM ET on Monday Nov 11, 2024 by MT Newswires

  10:11AM ET on Monday Nov 11, 2024 by MT Newswires
  Companies Mentioned: CARG
  10:11 AM EST, 11/11/2024 (MT Newswires) -- CarGurus (CARG) has an average outperform rating and price targets ranging from $16 to $44, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from majo...