JP Morgan Maintains Neutral on Carvana, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta has maintained a Neutral rating on Carvana (NYSE:CVNA) and increased the price target from $65 to $70.

April 18, 2024 | 3:21 pm
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JP Morgan analyst Rajat Gupta maintains a Neutral rating on Carvana and raises the price target from $65 to $70.
The increase in price target by JP Morgan suggests a positive outlook on Carvana's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stock performance improvement, likely influencing investor sentiment positively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100