Needham Maintains Buy on TrueCar, Raises Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce has reaffirmed a Buy rating on TrueCar (NASDAQ:TRUE) and increased the price target from $3.5 to $4.5.
December 18, 2023 | 10:30 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Chris Pierce maintains a Buy rating on TrueCar and raises the price target from $3.5 to $4.5.
The increase in price target by Needham suggests a positive outlook on TrueCar's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100