Vroom (NYSE:VRM) Hits New 52-Week High at $60.91

Vroom (NYSE:VRM)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $60.91 and last traded at $58.01, with a volume of 524837 shares. The stock had previously closed at $54.30.

VRM has been the subject of a number of research reports. Wells Fargo & Co started coverage on shares of Vroom in a report on Monday. They set an “overweight” rating and a $65.00 target price for the company. Robert W. Baird assumed coverage on shares of Vroom in a research report on Monday. They set an “outperform” rating and a $68.00 price target on the stock. Bank of America assumed coverage on shares of Vroom in a report on Monday. They issued a “neutral” rating and a $60.00 target price on the stock. Benchmark initiated coverage on shares of Vroom in a report on Tuesday, June 9th. They issued a “buy” rating and a $55.00 target price on the stock. Finally, Stifel Nicolaus initiated coverage on shares of Vroom in a research note on Monday. They issued a “buy” rating and a $65.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $61.13.

About Vroom (NYSE:VRM)

There is no company description available for Vroom Inc

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