Breaking Down Carvana: 18 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
In the last three months, 18 analysts have shared their views on Carvana (NYSE:CVNA), with a range of ratings from bullish to bearish. The average 12-month price target has increased by 25.19% to $104.72. Analysts have recently raised their price targets, reflecting a positive shift in sentiment.
June 26, 2024 | 12:00 pm
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Analysts have shown a positive shift in sentiment towards Carvana (NYSE:CVNA), with the average 12-month price target increasing by 25.19% to $104.72. Recent analyst actions include multiple raises in price targets, indicating improved expectations for the company's performance.
The increase in the average 12-month price target by 25.19% and multiple analysts raising their price targets indicate a positive shift in sentiment towards Carvana. This is likely to have a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100