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Fly News Breaks for May 10, 2018
CVNA
May 10, 2018 | 07:07 EDT
Baird analyst Colin Sebastian said Carvana's execution in its first year as a public company was mixed, but in its second year the company is showing execution success. Sebastian reiterated his Outperform rating and $33 price target on Carvana shares, citing its aggressive market expansion strategy, recent capital raise, and expectations to close the penetration gap with more mature markets.
News For CVNA From the Last 2 Days
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.
CVNA
Apr 22, 2024 | 15:52 EDT
Welcome to "Fly Insider," The Fly's weekly recap of notable insider stock transactionsNOTABLE INSIDER PURCHASES: Significant insider purchases reported in the prior week from April 15 through April 19 include:Chairman of Ashford (AINC) Montgomery Bennett purchased 200,000 shares of company stock at $4. 91 per share... To see the rest of the story go to thefly.com. See Story Here
