B. Riley Securities Maintains Buy on Cars.com, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Cars.com (NYSE:CARS) but has lowered the price target from $27 to $26.
August 09, 2024 | 4:34 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained its Buy rating on Cars.com but has lowered the price target from $27 to $26.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100