Wedbush Maintains Neutral on Carvana, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on Carvana (NYSE:CVNA) but raises the price target from $150 to $175.
October 07, 2024 | 4:48 pm
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Wedbush analyst Seth Basham has maintained a Neutral rating on Carvana but increased the price target from $150 to $175, indicating a positive outlook on the stock's potential.
The increase in the price target from $150 to $175 suggests that the analyst sees potential upside in Carvana's stock, which could positively influence investor sentiment and lead to a short-term price increase. However, the Neutral rating indicates some caution, balancing the positive price target revision.
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