Piper Sandler Maintains Neutral on Carvana, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter maintains a Neutral rating on Carvana (NYSE:CVNA) and lowers the price target from $48 to $38.
November 06, 2023 | 3:46 pm
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Piper Sandler has lowered the price target for Carvana from $48 to $38 while maintaining a Neutral rating.
The lowering of the price target by Piper Sandler 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