Evercore ISI Group Maintains In-Line on Carvana, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Montani maintains an In-Line rating on Carvana (NYSE:CVNA) and raises the price target from $111 to $118.
June 20, 2024 | 2:35 pm
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Evercore ISI Group has maintained an In-Line rating on Carvana and increased the price target from $111 to $118, indicating a positive outlook.
The increase in price target from $111 to $118 by Evercore ISI Group suggests a positive outlook for Carvana's stock. Maintaining the In-Line rating indicates that the stock is expected to perform in line with the market. This news is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100