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Fly News Breaks for March 7, 2018
CVNA
Mar 7, 2018 | 07:42 EDT
Baird analyst Colin Sebastian said he is more cautious near-term on Carvana following its Q4 results, but his long-term thesis remains intact. He is giving management the benefit of the doubt that 2018 expectations will likely prove more accurate than in the past year. Sebastian told investors to be more opportunistic on pullbacks and he reiterated his Outperform rating, though he lowered his price target to $21 from $23 on Carvana shares.
News For CVNA From the Last 2 Days
CVNA
Apr 25, 2024 | 08:27 EDT
CVNA
Apr 24, 2024 | 08:00 EDT
Jefferies lowered the firm's price target on Carvana to $80 from $85 and keeps a Hold rating on the shares. The firm expects "another solid EBITDA print" as Carvana prioritizes unit economics over unit growth, the analyst tells investors in a preview note for the U.S. Internet group.
