Evercore ISI Group Maintains In-Line on Carvana, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Montani maintains an In-Line rating on Carvana (CVNA) and lowers the price target from $78 to $77.

April 16, 2024 | 2:46 pm
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Evercore ISI Group maintains an In-Line rating on Carvana and lowers the price target from $78 to $77.
The adjustment in price target by Evercore ISI Group, while minor, indicates a slight adjustment in the valuation model or expectations for Carvana. Given the small magnitude of the change, the impact on the stock price is likely to be neutral in the short term. Investors may view this as a fine-tuning rather than a significant change in outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100