Needham Maintains Buy on Carvana, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce maintains a Buy rating on Carvana (NYSE:CVNA) and raises the price target from $160 to $200.
August 01, 2024 | 12:04 pm
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Needham analyst Chris Pierce maintains a Buy rating on Carvana and raises the price target from $160 to $200.
The raised price target from $160 to $200 by a reputable analyst is likely to positively impact Carvana's stock price in the short term as it reflects increased confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100