JPMorgan Downgrades TrueCar (TRUE) to Neutral
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July 24, 2015 9:07 AM EDT
Cowen maintained a Market Perform rating on TrueCar (NASDAQ: TRUE), and cut the price target to $8.00 (from $14.00), following a 2Q15 pre-announcement. Management now expects lower 2Q15 revenue at $65MM (vs. $67MM-$69MM guidance). TRUE also cut FY15 revenue guidance to $252MM-$258MM.
Analyst John... More
July 24, 2015 8:19 AM EDT
Craig-Hallum downgraded TrueCar (NASDAQ: TRUE) from Buy to Hold with a price target of $8.00 (from $18.00).
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.
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July 24, 2015 6:59 AM EDT
Goldman Sachs downgraded TrueCar (NASDAQ: TRUE) from Buy to Neutral.
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.
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July 24, 2015 6:56 AM EDT
RBC Capital downgraded TrueCar (NASDAQ: TRUE) from Outperform to Sector Perform with a price target of $9.00 (from $23.00) following a negative preannouncement of Q2 results and material reduction in 2015 guidance.
Mark Mahaney lowered 2015 Revenue/EBITDA go from $287MM/$29MM to $253MM/$4MM,... More
July 23, 2015 4:48 PM EDT
TrueCar, Inc. (Nasdaq: TRUE), the negotiation-free car buying and selling platform, today announced preliminary results for the second quarter of 2015 and adjusted its guidance for the full year 2015.
Conference Call... More
