Carvana Co (NYSE: CVNA) has already rallied some 100% over the past three months – but an Oppenheimer analyst believes it still has significant further room to the upside.
Used car stock Carvana Co (NYSE:CVNA) was last seen up 2.3% at $333.48, after an upgrade from Oppenheimer to "outperform" from "perform" with a price target of $450.
SEATTLE--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, is proud to support seven-time NASCAR Cup Series champion and Legacy Motor Club co-owner Jimmie Johnson as he takes on a new kind of ride: piloting the historic Atlas Van Lines “Blue Blaster” hydroplane in a special exhibition at Seattle's Seafair Festival on Aug. 1. Johnson's upcoming exhibition is ...
The major stock indices are currently hovering around their all-time highs despite extreme levels of economic uncertainty. U.S. tariff policy remains erratic and unpredictable, and the risk of a recession is still very real.
S&P 500 inclusion, for any stock, is more than just a symbolic milestone – it's a catalyst for capital inflows, institutional recognition, and often, a sharp rally in share price.
CNBC's Jim Cramer on Tuesday described why he likes online used car dealer Carvana, telling investors they can start a small position and wait for a pullback to buy more. "I like Carvana for the long-haul because I'm a true believer, but that doesn't mean the stock will charge endlessly higher without taking some detours," he said.
On Wednesday, Citizens JMP raised the price target on Carvana to 440 from 275, the highest target of any Wall Street analyst.
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