JMP Securities Maintains Market Outperform on Carvana, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Carvana (NYSE:CVNA) and raises the price target from $150 to $200.
August 02, 2024 | 6:01 pm
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POSITIVE IMPACT
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Carvana and raises the price target from $150 to $200.
The raised price target from $150 to $200 by JMP Securities is a positive signal for investors, indicating increased confidence in Carvana's future performance. This is likely to boost investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100