BTIG analyst Marvin Fong raised the firm’s price target on Carvana (CVNA) to $450 from $395 and keeps a Buy rating on the shares. The company printed another superlative quarter with strong performance on both retail gross profit per unit and per unit operations expense, while its Unit growth was also better-than-expected, the analyst tells investors in a research note.
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Read More on CVNA:
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