News coverage about Cars.com (NYSE:CARS) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cars.com earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.8027697949325 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Cars.com (CARS) Raised to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Man driving a stolen police car apparently decided he needed a beer, a witness says (macon.com)
- Amazon’s Alexa coming to Toyota cars in 2018 (staradvertiser.com)
- With Thefts Rising in North Carolina, Top Ways to Protect Your Car and Lower Your Insurance Rates (nasdaq.com)
- Nvidia Exec Gives In-Depth Look at Chipmaker’s Self-Driving Car Plans (thestreet.com)
A number of brokerages have recently issued reports on CARS. B. Riley restated a “buy” rating and set a $32.00 price objective on shares of Cars.com in a report on Tuesday, December 19th. Zacks Investment Research cut Cars.com from a “hold” rating to a “strong sell” rating in a report on Monday, November 13th. ValuEngine cut Cars.com from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Finally, Barrington Research boosted their price objective on Cars.com from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, November 6th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $35.50.
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Cars.com Company Profile
Cars.com Inc owns a digital automotive marketplace business (Cars.com). Cars.com is an online research destination for car shoppers. The Company is engaged in the sale of online subscription advertising products targeting car dealerships. It offers a suite of products and services targeting the automotive needs of its buyer and seller customers.
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