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Fly News Breaks for February 27, 2020
CVNA
Feb 27, 2020 | 08:31 EDT
Deutsche Bank analyst Emmanuel Rosner lowered the firm's price target on Carvana to $105 from $120 and keeps a Hold rating on the shares. The negative market reaction to Carvana's Q4 results and 2020 guidance represents disappointment about the growth trajectory in light of rising expectations coming into the print, Rosner tells investors in a post-earnings research note.
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