TrueCar (TRUE) Misses Q4 EPS by 2c

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JMP Securities Downgrades TrueCar (TRUE) to Market Perform

February 19, 2016 8:01 AM EST

JMP Securities downgraded TrueCar (NASDAQ: TRUE) from Market Outperform to Market Perform and removed its price target (prior $11.00).

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 $5.77 yesterday.

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RBC Capital Cuts Price Target Following TrueCar's (TRUE) Weak 4Q and Guidance

February 19, 2016 7:05 AM EST

RBC Capital reiterated a Sector Perform rating on TrueCar (NASDAQ: TRUE), and cut the price target to $6.00 (from $10.00), following the company's 4Q earnings report. Revenue was $63.6MM, below Street estimates of $65.3, and prior guidance of $64.0-65.5MM. Management also provided forward guidance that is well below... More