TrueCar (TRUE) Cuts FY Revenue Guidance, Q2 Prelim. Results Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- S&P 500, Dow set for higher open with focus on Mideast developments
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Oil falls to two-week low as Gulf supply outlook improves
- Don’t expect a grand bargain from the Trump-Xi summit: Yardeni
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Cowen Cuts Price Target to $8 onTrueCar (TRUE) Following a 2Q Pre-Announcement
July 24, 2015 9:07 AM EDTCowen 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
Craig-Hallum Downgrades TrueCar (TRUE) to Hold
July 24, 2015 8:19 AM EDTCraig-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.
... MoreGoldman Sachs Downgrades TrueCar (TRUE) to Neutral
July 24, 2015 6:59 AM EDTGoldman 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.
... MoreJPMorgan Downgrades TrueCar (TRUE) to Neutral
July 24, 2015 6:57 AM EDTJPMorgan 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.
... MoreRBC Capital Downgrades TrueCar (TRUE) to Sector Perform
July 24, 2015 6:56 AM EDTRBC 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
