Barrington lowered the firm’s price target on Cars.com (CARS) to a range of $15-$20 from $25 and keeps an Outperform rating on the shares following the company’s Q4 report. Based on guidance, the firm is lowering its 2026 adjusted EBITDA estimate to $211M from $226.6M.
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Read More on CARS:
- Cars.com price target lowered to $13 from $22 at B. Riley
- Cars.com price target lowered to $11 from $13 at UBS
- JPMorgan cuts Cars.com to Neutral, sees limited visibility on growth inflection
- Cars.com downgraded to Neutral from Overweight at JPMorgan
- Cars.com sees Q1 revenue growth flat to up 1% from $179.02M last year