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Fly News Breaks for October 4, 2018
CVNA
Oct 4, 2018 | 07:48 EDT
Wedbush analyst Seth Basham raised his price target for Carvana to $52 from $40 after meeting with management and coming away incrementally positive, with better visibility to improving unit economics and better understanding of the young company's strategy to favor consistently good customer experiences to build its brand and to favor growth over profitability in the medium-term. The analyst reiterates a Neutral rating on the shares given high execution risk and fair valuation.
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
