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The Latest Breaking News from Chris Pierce

Needham Sees Above 72% Upside In This Conviction List Stock; Here's Why

Needham analyst Chris Pierce anticipated CarGurus, Inc (NASDAQ: CARG) leveraging its industry-leading traffic metrics over the long term to create a compelling end-to-end digital solution for independent brick and mortar car dealerships.

Benzinga · Jun 21, 2022

Here's Why CarGurus Made It To Needham's Conviction List

Here's Why CarGurus Made It To Needham's Conviction List

Needham analyst Chris Pierce reiterated a Buy rating and $40 (53.4% upside) target post-CarGurus, Inc's (NASDAQ:CARG) Investor Day and added it to the Needham Conviction List (replacing ACV Auctions Inc (NASDAQ: ACVA)). Pierce cited increased confidence in the growth of the dealer-facing subscription business and multiple tailwinds supporting share gains in wholesale. He saw better monetization of…

Benzinga · May 31, 2022

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