Cars.com stock drops after Q4 report, price targets cut by UBS, JPMorgan, DA Davidson.

From StockTwits: 2025-03-02 21:28:12

Shares of Cars.com, Inc. (CARS) dropped after a disappointing fourth-quarter report, with UBS cutting the price target to $15 from $20. The company’s EBITDA was 15% below estimates, but full-year guidance was in line. JPMorgan also reduced its price target to $17, while DA Davidson lowered theirs to $14.50 due to dealer revenue misses. Despite the drop, retail sentiment on Stocktwits remained bullish. The stock fell over 21% on Thursday before rebounding slightly on Friday, closing the week up 9.73% at $13.20. It is down 24% year-to-date, trading in a range of $11.78-$21.24.



Read more at StockTwits: Cars.com Stock Snags Another Price Target Cut As Sell-Side Wary About Execution: Retail Stays Confident