Wedbush Maintains Neutral on Carvana, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on Carvana (NYSE:CVNA) and lowers the price target from $48 to $40.
November 03, 2023 | 2:24 pm
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NEGATIVE IMPACT
Wedbush has maintained a Neutral rating on Carvana and lowered the price target from $48 to $40.
The lowering of the price target by Wedbush indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Carvana's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100