Financial analysts issue updated ratings for several public companies

Various publicly traded companies have recently received updated ratings and price targets from several financial research firms.

CarGurus was upgraded from “hold” to “buy” by Wall Street Zen. Other analysts, including those from Oppenheimer and Royal Bank of Canada, have also raised their price objectives for the company. nCino also received an upgrade to “buy” from Wall Street Zen, with a consensus rating of “Moderate Buy” among analysts.

In contrast, CONMED Corporation has received an average rating of “Reduce” from eight brokerage firms, despite recently beating earnings estimates. Carlsmed, Inc. maintains a consensus rating of “Moderate Buy” from six firms, with several analysts issuing buy recommendations and raising price targets.