UBS Maintains Neutral on Cars.com, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kunal Madhukar maintains a Neutral rating on Cars.com (NYSE:CARS) but lowers the price target from $20 to $19.
August 09, 2024 | 2:51 pm
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UBS analyst Kunal Madhukar maintains a Neutral rating on Cars.com (NYSE:CARS) but lowers the price target from $20 to $19.
The lowered price target from $20 to $19 by UBS suggests a slightly less optimistic outlook for Cars.com, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100