Breaking Down Carvana: 21 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Carvana (NYSE:CVNA) has been evaluated by 21 analysts over the past three months, with a range of opinions from bullish to bearish. The average 12-month price target has increased by 22.95% to $175.05. Analysts have adjusted their ratings and price targets, reflecting their perceptions of Carvana's market position and financial performance. Carvana's revenue growth is strong, but challenges remain in profitability and debt management.
October 22, 2024 | 7:00 pm
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Carvana's average 12-month price target has increased by 22.95% to $175.05, with analysts showing mixed sentiments. The company has strong revenue growth but faces challenges in profitability and debt management.
The increase in the average price target suggests positive sentiment among analysts, which could lead to a short-term price increase. However, the mixed ratings and financial challenges may temper this optimism.
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