Baird Maintains Neutral on Carvana, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian maintains a Neutral rating on Carvana (NYSE:CVNA) but raises the price target from $160 to $240.
October 31, 2024 | 11:55 am
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Baird analyst Colin Sebastian maintains a Neutral rating on Carvana but raises the price target from $160 to $240, indicating a more optimistic outlook.
The increase in price target from $160 to $240 suggests a more optimistic view on Carvana's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100