JMP Securities Maintains Market Outperform on Carvana, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Carvana (CVNA) and raises the price target from $60 to $80.
February 23, 2024 | 5:32 pm
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POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on Carvana and raises the price target from $60 to $80.
The increase in the price target by JMP Securities reflects a positive outlook on Carvana's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100