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Cars.com Q3 2023 Earnings Report

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$17.46 0.00 (0.00%)
(As of 05:15 PM ET)

Cars.com Earnings Headlines

Cars.com price target raised to $25 from $23 at BTIG
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Cars.com: Strategic Positioning and Growth Potential Justify Buy Rating
Cars.com Contends With Uneven Dealer Demand (Downgrade)
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About Cars.com

Cars.com (NYSE:CARS), through its subsidiaries, operates as a digital automotive marketplace that connects local car dealers to consumers in the United States. The company offers a suite of digital solutions that creates connections between individuals researching cars or looking to purchase a car with car dealerships and automotive original equipment manufacturers. It also sells online subscription advertising products to car dealerships by its direct sales force, as well as through its affiliate sales channel. In addition, the company sells display advertising to national advertisers. Further, it offers online automotive marketplace service that connects buyers and sellers through Cars.com, Auto.com, DealerRater.com, NewCars.com, PickupTrucks.com, DealerInspire.com, and LaunchDigitalMarketing.com Websites. Its platform hosts approximately 4.9 million new and used vehicle listings and serves approximately 20,000 franchise and independent car dealers. Cars.com Inc. was founded in 1998 and is headquartered in Chicago, Illinois.

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