UBS raised the firm’s price target on Carvana (CVNA) to $545 from $450 and keeps a Buy rating on the shares. The firm is relatively cautious heading into earnings, the analyst tells investors in a research note.
Claim 55% 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:
- Carvana price target raised to $515 from $455 at BofA
- Mixed options sentiment in Carvana with shares up 0.5%
- Carvana: Sustained Demand, Operational Scaling, and Underappreciated Growth Support Buy Rating
- Morgan Stanley boosts Carvana’s bull case on expanding TAM
- Mixed options sentiment in Carvana with shares up 2.97%
