Downgrades Overweight Neutral X

TRUE TrueCar

JP Morgan

Initiated Buy X

TRUE TrueCar

Lake Street

$6

Upgrades Neutral Buy X

TRUE TrueCar

BTIG Research

$3.75

Downgrades Buy Neutral X

TRUE TrueCar

BTIG Research

Initiated Neutral X

TRUE TrueCar

B. Riley Securities

$3

Upgrades Hold Buy X

TRUE TrueCar

Needham

$3.50

Upgrades Neutral Buy X

TRUE TrueCar

BTIG Research

$3

Upgrades Underweight Overweight X

TRUE TrueCar

JP Morgan

Initiated Neutral X

TRUE TrueCar

Northcoast

Downgrades Buy Neutral X

TRUE TrueCar

BTIG Research

Upgrades Neutral Buy X

TRUE TrueCar

BTIG Research

$7.25

Upgrades Hold Buy X

TRUE TrueCar

The Benchmark Company

$8

Resumed Neutral X

TRUE TrueCar

Goldman

$4.25

Downgrades Buy Hold X

TRUE TrueCar

The Benchmark Company

$11

Resumed Sell X

TRUE TrueCar

Goldman

$7 $6

Downgrades Outperform Sec Perform X

TRUE TrueCar

RBC Capital Mkts

$12 $9

Downgrades Buy Neutral X

TRUE TrueCar

BTIG Research

Initiated Hold X

TRUE TrueCar

SunTrust

Initiated Neutral X

TRUE TrueCar

Citigroup

$11.50

Reiterated Buy X

TRUE TrueCar

B. Riley FBR

$18 $16.50

Reiterated Buy X

TRUE TrueCar

The Benchmark Company

$18 $16

Downgrades Neutral Sell X

TRUE TrueCar

Goldman

Downgrades Neutral Underweight X

TRUE TrueCar

JP Morgan

Initiated Buy X

TRUE TrueCar

The Benchmark Company

$18

TRUE  TrueCar, Inc.

TrueCar, Inc. is an Internet-based information, technology, and communication services company. The Company has a data-driven online platform, which features market data and analytics. The Company-branded platform is available on its TrueCar Website and mobile applications. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for a range of enterprises. The Company enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar Certified Dealers. Its network of over 13,000 TrueCar Certified Dealers consists primarily of new car franchises, as well as independent dealers selling used vehicles. Its subsidiary, ALG, Inc., provides forecasts and consulting services regarding determination of the residual value of an automobile at given future points in time.