Wells Fargo Upgrades Carvana to Overweight, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded Carvana (NYSE:CVNA) from Equal-Weight to Overweight and raised the price target from $77 to $175.
August 01, 2024 | 1:13 pm
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POSITIVE IMPACT
Wells Fargo analyst Zachary Fadem has upgraded Carvana from Equal-Weight to Overweight and significantly raised the price target from $77 to $175.
The upgrade from Equal-Weight to Overweight and the substantial increase in the price target from $77 to $175 by a reputable analyst at Wells Fargo is likely to positively impact Carvana's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100