JMP Securities Maintains Market Outperform on Carvana, Raises Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Carvana (NYSE:CVNA) and raises the price target from $15 to $25.
June 13, 2023 | 9:36 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on Carvana and raises the price target from $15 to $25.
The news of JMP Securities maintaining a Market Outperform rating on Carvana and raising the price target from $15 to $25 indicates a positive outlook for the company's stock. This is likely to result in an increase in the stock price in the short term as investors react to the updated price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100