JMP Securities Maintains Market Outperform on Carvana, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones has maintained a Market Outperform rating on Carvana (NYSE:CVNA) and increased the price target from $80 to $135.
May 03, 2024 | 7:05 pm
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JMP Securities has maintained a Market Outperform rating on Carvana and raised the price target from $80 to $135.
The increase in 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