Carvana shares are trading higher after BTIG analyst Marvin Fong initiated coverage on the stock with a Buy rating and a price target of $155.
Portfolio Pulse from Benzinga Newsdesk
Carvana shares are trading higher after BTIG analyst Marvin Fong initiated coverage on the stock with a Buy rating and a price target of $155.

July 15, 2024 | 5:04 pm
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POSITIVE IMPACT
Carvana shares are experiencing an upward trend following BTIG analyst Marvin Fong's initiation of coverage with a Buy rating and a price target of $155.
The initiation of coverage by a reputable analyst with a Buy rating and a high price target is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100