Citi lowered the firm’s price target on Carvana (CVNA) to $445 from $490 and keeps a Buy rating on the shares. The firm sees a buying opportunity on the post-earnings selloff. Citi believes Carvana’s Q4 outlook is likely to prove conservative.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVNA:
- Santa Claus is Coming to Town, and He’s Driving a Brand New Chevy
- Carvana’s Earnings Call: Record Growth and Optimistic Outlook
- Carvana price target lowered to $395 from $425 at Evercore ISI
- Carvana price target lowered to $360 from $380 at DA Davidson
- Jefferies recommends buying Carvana on any weakness after Q3 report