tiprankstipranks
The Fly

Cars.com price target lowered to $15 from $20 at UBS

Cars.com price target lowered to $15 from $20 at UBS

UBS lowered the firm’s price target on Cars.com (CARS) to $15 from $20 and keeps a Neutral rating on the shares post the Q4 report. The company’s Q1 EBITDA guidance was 15% below consensus but still included a full-year 2025 EBITDA guidance that was essentially inline, the analyst tells investors in a research note. The firm says concerns exist around the back-end weighted nature of the guide and believes execution against that guidance is likely needed to regain investor confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1