From Barchart: 2025-03-27 11:57:00

JPMorgan downgraded TrueCar (NASDAQ:TRUE) from Neutral to Underweight due to strategic shifts, execution challenges, and industry difficulties. Shares dropped over 9% as a result. TrueCar aims to simplify car-buying with data integration, but faces obstacles in expanding its business and rebuilding its user base. New tariffs and revenue uncertainties further complicate the situation, raising concerns about TrueCar’s future in the auto retail market.



Read more at Barchart:: TrueCar Downgraded by JPMorgan Amid Execution Risk…