BTIG Maintains Buy on TrueCar, Raises Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Marvin Fong has maintained a Buy rating on TrueCar and raised the price target from $3.75 to $4.5, indicating a positive outlook for the company's stock.
October 22, 2024 | 5:03 pm
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BTIG analyst Marvin Fong has maintained a Buy rating on TrueCar and increased the price target from $3.75 to $4.5, suggesting confidence in the company's future performance.
The increase in price target from $3.75 to $4.5 by BTIG indicates a positive sentiment and confidence in TrueCar's future performance. This is likely to have a positive short-term impact on the stock price as investors may view the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100