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Fly News Breaks for February 16, 2018
TRUE
Feb 16, 2018 | 07:52 EDT
Stephens analyst Kyle Evans said he would not be surprised to see volatility in TrueCar after the company's mixed Q4 report and 2018 EBITDA guidance that was slightly below consensus. However, he believes the business is healthy and likes the setup for the balance of 2018. Evans named TrueCar his Best Idea for 2018 and keeps an Overweight rating and $18 price target on the shares.
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