JPMorgan downgraded TrueCar (NASDAQ: TRUE) from Overweight to Neutral with a price target of $12.00 (from $23.00).

For an analyst ratings summary and ratings history on TrueCar click here. For more ratings news on TrueCar click here.

Shares of TrueCar closed at $10.68 yesterday.

Analyst PT Change Downgrades

Cowen Cuts Price Target to $8 onTrueCar (TRUE) Following a 2Q Pre-Announcement July 24, 2015 9:07 AM Craig-Hallum Downgrades TrueCar (TRUE) to HoldJuly 24, 2015 8:19 AM Goldman Sachs Downgrades TrueCar (TRUE) to NeutralJuly 24, 2015 6:59 AM RBC Capital Downgrades TrueCar (TRUE) to Sector PerformJuly 24, 2015 6:56 AM TrueCar (TRUE) Cuts FY Revenue Guidance, Q2 Prelim. Results MissJuly 23, 2015 4:48 PM TrueCar Announces Preliminary Results and Adjusted Guidance; Announces Call to Discuss Today at 6:30 p.m. Eastern TimeJuly 23, 2015 4:30 PM