CarGurus Inc - Ordinary Shares - Class A Stock News

CarGurus, Inc. (CARG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

CarGurus, Inc. (CARG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Bollard Group LLC decreased its holdings in shares of CarGurus Inc (NASDAQ:CARG) by 6.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 795,589 shares of the company’s stock after

Los Angeles Capital Management & Equity Research Inc. lessened its position in shares of CarGurus Inc (NASDAQ:CARG) by 1.4% in the 4th quarter, according to its most recent filing with the Securities

CarGurus (NASDAQ:CARG) had its target price reduced by stock analysts at SunTrust Banks from $55.00 to $41.00 in a research note issued on Monday, The Fly reports. The firm currently has a “buy” r

The evidence points to a clear decline in revenue growth rates. Its long-term operating margin targets are wholly unrealistic. This stock is hugely overvalued.