Needham Maintains Buy on TrueCar, Lowers Price Target to $3.75
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce maintains a Buy rating on TrueCar (NASDAQ:TRUE) but lowers the price target from $4 to $3.75.

August 06, 2024 | 6:48 pm
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Needham analyst Chris Pierce maintains a Buy rating on TrueCar but lowers the price target from $4 to $3.75.
The maintained Buy rating suggests continued confidence in TrueCar's prospects, but the lowered price target indicates some caution about its near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100