Needham Reiterates Buy on TrueCar, Maintains $4.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce reiterates a Buy rating on TrueCar (NASDAQ:TRUE) and maintains a $4.5 price target.

February 21, 2024 | 6:16 pm
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Needham analyst Chris Pierce reiterates a Buy rating on TrueCar with a $4.5 price target.
The reiteration of a Buy rating and maintenance of a $4.5 price target by a reputable analyst like Chris Pierce from Needham is likely to instill confidence among investors and could positively influence TrueCar's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100