Analyst Revs Up Cars.com, Hits The Brakes On 3 Others
1. JPMorgan upgraded CARS to Overweight with a price target of $14. 2. CARS's operational improvements enhance dealer retention amid market volatility. 3. Auto retail firms showed year-to-date outperformance despite weakening fundamentals. 4. Sonic Automotive and Asbury Automotive faced downgrades due to underperformance. 5. B2C marketplaces, like CARS, are better positioned than B2B amid industry pressures.