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Fly News Breaks for September 11, 2018
CVNA
Sep 11, 2018 | 07:10 EDT
Citi analyst Mark May raised his price target for Carvana to $77 to reflect a roll-forward of the calendar in his valuation model. The analyst believes the weekly Manheim report, which stated that 3-year old vehicles have appreciated, creating a 4.8% increase in average selling price versus typical depreciation, implies potential upside to Carvana's revenue in Q3. May keeps a Buy rating on the shares.
News For CVNA From the Last 2 Days
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
