Baird analyst Craig Kennison raised the firm’s price target on Carvana (CVNA) to $250 from $200 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results where it reported impressive growth and profit metrics.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVNA:
- JPMorgan keeps $350 target on Carvana after ‘largely in-line’ Q4
- Carvana Co: Buy Rating Affirmed Amid Strong Q4 Performance and Promising 2025 Outlook
- Carvana’s Mixed Performance and Uncertain Outlook Lead to Hold Rating
- Strategic Growth Potential and Market Positioning Justify Buy Rating for Carvana Co
- Carvana Q4 ‘not a blowout’ but supports bull case, says BTIG