Form 8-K TrueCar, Inc. For: Feb 18
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/28/2026
- Wall St muted after Fed Chair Warsh's speech; AI rally cools
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil drifts lower as Hormuz flows balance slow progress in Iran diplomacy
- Dollar climbs after Warsh comments, poised for weekly gain
- First Financial to acquire Hickory Point Bank in $111.3M deal
- Affirm Holdings (AFRM) Tops Q4 EPS by $3.77, Beats on Revenue
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Ovintiv adds 41,000 acres in Permian and Montney deals
- BioNTech ends colorectal cancer mRNA therapy trial early
TrueCar (TRUE) PT Lowered to $4 at BTIG
February 20, 2025 12:01 PM ESTBTIG analyst Marvin Fong lowered the price target on TrueCar (NASDAQ: TRUE) to $4.00 (from $4.50) while maintaining a Buy rating.
The analyst comments "This note is a follow-up to our initial take published on Feb 18 (available here). TRUE shares were under pressure yesterday and into today, primarily due to 1Q25 revenue guidance that was light on the top-line and also called for an unexpected Adjusted EBITDA loss of $5MM. We estimate about half of the... More
BTIG Reiterates Buy Rating on TrueCar (TRUE)
February 19, 2025 5:15 AM ESTBTIG analyst Marvin Fong reiterated a Buy rating and $4.50 price target on TrueCar (NASDAQ: TRUE)
The analyst comments "TRUE results largely met our expectations on 4Q24 unit sales and franchise dealers additions, but results came in shy on most P&L items. More importantly, 1Q25 guidance was short of expectations, pressuring shares in the aftermarket by >10%. More specifically, TRUE guided 1Q25 revenue up HSD, short of the Street's +19%. TRUE is also looking for a 1Q25 Adjusted... More
