B of A Securities Maintains Buy on Carvana, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael McGovern has maintained a Buy rating on Carvana (NYSE:CVNA) and raised the price target from $185 to $210.
October 09, 2024 | 5:51 pm
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B of A Securities has reaffirmed its Buy rating on Carvana and increased the price target from $185 to $210, indicating confidence in the company's future performance.
The increase in price target from $185 to $210 by B of A Securities suggests a positive outlook on Carvana's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100