Craig-Hallum Upgrades TrueCar (TRUE) to Buy

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RBC Capital Raises Price Target on TrueCar (TRUE) to $12 Following 3Q Beat

November 4, 2016 8:11 AM EDT

RBC Capital reiterated a Sector Perform rating on TrueCar (NASDAQ: TRUE), and raised the price target to $12.00 (from $10.00), following the company's 3Q earnings report. Revenue of $75.1MM was above the Street estimates of $71MM and above guidance of $70-72MM. Adjusted EBITDA of... More

TrueCar (TRUE) Tops Q3 EPS by 5c

November 3, 2016 4:18 PM EDT

TrueCar (NASDAQ: TRUE) reported Q3 EPS of ($0.01), $0.05 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $75.01 million versus the consensus estimate of $71.17 million.

"In the third quarter, we achieved record results on virtually every operating metric across... More