JMP Securities Reiterates Market Outperform on Carvana, Maintains $60 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Nicholas Jones has reiterated a Market Outperform rating on Carvana (NYSE:CVNA) and maintained a $60 price target.
August 14, 2023 | 12:48 pm
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JMP Securities has reiterated a Market Outperform rating on Carvana and maintained a $60 price target.
The reiteration of a Market Outperform rating by JMP Securities indicates a positive outlook for Carvana. The maintained price target of $60 also suggests that the analyst believes the stock is currently undervalued. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100