Carvana shares are trading higher after Stephens & Co. initiated coverage on the stock with an Overweight rating and announced a $190 price target.
Portfolio Pulse from Benzinga Newsdesk
Carvana shares rose after Stephens & Co. initiated coverage with an Overweight rating and a $190 price target.
September 12, 2024 | 3:57 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Carvana shares increased following Stephens & Co.'s initiation of coverage with an Overweight rating and a $190 price target.
The initiation of coverage by Stephens & Co. with an Overweight rating and a high price target of $190 is a positive signal to investors, likely boosting short-term stock prices as it suggests confidence in Carvana's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100