Cars.com price target lowered to $21 from $25 at BTIG

BTIG analyst Marvin Fong lowered the firm’s price target on Cars.com (CARS) to $21 from $25 but keeps a Buy rating on the shares. The company’s Q4 results reflect an “increasingly skittish market”, but while Q1 guidance was soft on both revenue and EBITDA, expectations for a healthy ramp in the second half of 2025 led to full-year guidance ahead on EBITDA at the midpoint and less than 1% light on revenue at the midpoint, the analyst tells investors in a research note.