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Fly News Breaks for November 4, 2016
TRUE
Nov 4, 2016 | 07:29 EDT
Craig-Hallum analyst Steve Dyer noted that TrueCar's Q3 results marked the third consecutive quarter of revenue and EBITDA outperformance and he believes the company is well-positioned to take a "much larger" share in the car-buying market. He upgraded the stock to Buy from Hold and raised his price target on the shares to $14 from $11. TrueCar shares were also upgraded this morning at Loop Capital.
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