Demystifying Carvana: Insights From 22 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Carvana (NYSE:CVNA) has received mixed analyst ratings over the last quarter, with a range of bullish to bearish sentiments. The average 12-month price target has increased by 20.02% to $161.32. Carvana's financial performance shows strong revenue growth and efficient cost management, but its high debt-to-equity ratio raises concerns.
September 26, 2024 | 6:01 pm
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Carvana has received mixed analyst ratings, with a notable increase in the average 12-month price target. The company's strong revenue growth and efficient cost management are positive, but its high debt-to-equity ratio is a concern.
The increase in the average price target suggests positive sentiment among analysts, which could lead to a short-term price increase. However, the high debt-to-equity ratio may limit the upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100