Deutsche Bank raised the firm’s price target on Carvana (CVNA) to $537 from $519 and keeps a Buy rating on the shares. The company reported strong Q1 results, with growth across its major business drivers, the analyst tells investors in a research note. The firm sees “significant potential for further, durable efficiency gains” at Carvana from the company’s new centralized planning and AI-driven headcount allocation tools.
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- Analyst Maintains Buy on Carvana, Keeping $465 Price Target Unchanged Amid Strong Q1 Momentum
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