What's Going On With Carvana Stock?
Portfolio Pulse from Erica Kollmann
Carvana (NASDAQ:CVNA) shares are trading higher following a volatile week and a bearish report from Kerrisdale Capital. The stock price has climbed over 100% in the last 30 days. Citigroup analyst Ronald Josey maintained a Neutral rating and raised the price target from $11 to $25.

June 12, 2023 | 5:12 pm
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Carvana shares are trading higher despite a bearish report from Kerrisdale Capital. Citigroup analyst Ronald Josey maintained a Neutral rating and raised the price target from $11 to $25.
Carvana's stock price has been on an upward trend, climbing over 100% in the last 30 days. Despite a bearish report from Kerrisdale Capital, the stock continues to trade higher, likely driven by positive analyst coverage. Citigroup analyst Ronald Josey maintained a Neutral rating and raised the price target from $11 to $25, which could further boost investor confidence in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100