B. Riley Securities Initiates Coverage On TrueCar with Neutral Rating, Announces Price Target of $3
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Lee Krowl has initiated coverage on TrueCar (NASDAQ:TRUE) with a Neutral rating and a price target of $3.
July 20, 2023 | 9:21 am
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NEUTRAL IMPACT
TrueCar has been initiated with a Neutral rating and a price target of $3 by B. Riley Securities.
The initiation of coverage by B. Riley Securities with a Neutral rating indicates that the firm does not expect significant price movement in the short term. The price target of $3 may suggest that the stock is currently fairly valued. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100