CAR's Bull Says Investment Has Built AI Defense -- Market Talk

Dow Jones
Feb 10

2147 GMT - CAR Group's bull at Jefferies reckons that the vehicle advertiser's investment strategy means it faces minimal risk of disruption from AI. Analyst Roger Samuel tells clients in a note that the Australian company's long-running investment in product and data has built a defense against AI and improved the experience for its users. He says the creation of a dedicated AI lab in Brazil is being conducted in a disciplined manner, and likes CAR's deepening of its entrenchment in dealer ecosystems through acquisition of management and planning software business in the U.S. and Brazil. Jefferies keeps a buy rating on the stock but cuts its target price 6.1% to A$38.50, citing the recent de-rating of peer stocks. Shares are at A$26.91 ahead of the open. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

February 09, 2026 16:47 ET (21:47 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10