Carvana shares are trading higher after JMP Securities maintained a Market Outperform rating and raised its price target from $135 to $150.
Portfolio Pulse from Benzinga Newsdesk
Carvana shares are trading higher after JMP Securities maintained a Market Outperform rating and raised its price target from $135 to $150.
June 07, 2024 | 6:45 pm
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POSITIVE IMPACT
Carvana shares are trading higher following JMP Securities' decision to maintain a Market Outperform rating and increase the price target from $135 to $150.
The increase in price target and the maintained Market Outperform rating by JMP Securities is a positive signal for investors, likely leading to increased buying activity and a short-term rise in Carvana's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100