Information Provided By:
Fly News Breaks for August 9, 2018
CVNA
Aug 9, 2018 | 07:22 EDT
Citi analyst Mark May raised his price target for Carvana to $67 citing the company's better than expected Q2 results. Carvana's average days to sale improved to 66 days from 70 days, sequentially, and from 105 days year-over-year, May tells investors in a post-earnings research note. The analyst says the results reaffirm his confidence that Carvana's "disruptive business model still has plenty of upside despite shares moving higher after hours." May keeps a Buy rating on the name.
News For CVNA From the Last 2 Days
There are no results for your query CVNA