TrueCar, Inc. (NASDAQ: TRUE) Acquisition and Stock Performance Insights
Lake Street maintains a "Hold" rating on TrueCar, Inc. (NASDAQ:TRUE) but raises its price target to 2.The company announces a definitive agreement to be acquired by Fair Holdings, Inc. in an all-cash transaction, valuing TrueCar at approximately $227 million.TrueCar's stock has experienced a significant increase, with a 62.16% rise, indicating a volatile yet potentially rewarding investment.TrueCar, Inc. (NASDAQ:TRUE) is a digital automotive marketplace that connects consumers with certified dea ...