TrueCar (TRUE) Tops Q4 EPS by 4c, Offers Q1 Rev. Guidance

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TrueCar (TRUE) PT Raised to $19 at RBC on Strong 4Q Report, Positive 2017 Guidance

February 17, 2017 6:43 AM EST

RBC Capital Markets analyst Mark Mahaney reiterates Outperform rating and raises price target on TrueCar Inc. (NASDAQ: TRUE) to $19 (from $17), noting cars sold growth reached levels not seen since third quarter 2015, as the company reported 2016 fourth quarter revenues and margins above expectations, while offering 2017... More