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TrueCar Inc has a consensus price target of $4.41 based on the ratings of 10 analysts. The high is $6 issued by Lake Street on October 7, 2024. The low is $3.25 issued by DA Davidson on May 11, 2022. The 3 most-recent analyst ratings were released by B. Riley Securities, BTIG, and Lake Street on November 11, 2024, October 22, 2024, and October 7, 2024, respectively. With an average price target of $4.83 between B. Riley Securities, BTIG, and Lake Street, there's an implied 21.75% upside for TrueCar Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TrueCar (NASDAQ:TRUE) was reported by B. Riley Securities on November 11, 2024. The analyst firm set a price target for $4.00 expecting TRUE to rise to within 12 months (a possible 0.76% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for TrueCar (NASDAQ:TRUE) was provided by B. Riley Securities, and TrueCar maintained their neutral rating.
The last upgrade for TrueCar Inc happened on August 7, 2024 when BTIG raised their price target to N/A. BTIG previously had a neutral for TrueCar Inc.
The last downgrade for TrueCar Inc happened on September 27, 2023 when BTIG changed their price target from N/A to N/A for TrueCar Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TrueCar, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TrueCar was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest TrueCar (TRUE) rating was a maintained with a price target of $3.30 to $4.00. The current price TrueCar (TRUE) is trading at is $3.97, which is within the analyst’s predicted range.
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