Inventory Stabilizes, But Cars.com Lags Peers: Analyst Flags Profit Pressures
1. JP Morgan cut CARS price target from $21 to $17 with Neutral rating. 2. CARS reported Q4 EPS of $0.49, missing estimates of $0.56. 3. Q1 revenue forecast lower at $178M-$181M, below consensus of $184.95M. 4. Analyst notes significant Q4 miss due to reduced dealer spending. 5. Accu-Trade adoption up to ~1,000 dealers; overall growth sluggish.