Evaluating Carvana: Insights From 21 Financial Analysts
Portfolio Pulse from Benzinga Insights
In the last three months, 21 analysts have published ratings on Carvana (NYSE:CVNA), showing a range of perspectives from bullish to bearish. The average 12-month price target has risen by 20.97% to $150.95. Analysts have recently raised their price targets, indicating a positive shift in sentiment.
August 02, 2024 | 9:00 pm
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21 analysts have provided ratings on Carvana (NYSE:CVNA) over the past three months, with a notable increase in the average 12-month price target by 20.97% to $150.95. This indicates a positive shift in sentiment among analysts.
The increase in the average 12-month price target by 20.97% suggests that analysts are more optimistic about Carvana's future performance. This positive sentiment is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100