Baird Starts Carvana (CVNA) at Outperform; 'Amazon of Used Cars'
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May 23, 2017 7:39 AM EDT
(Updated - May 23, 2017 9:12 AM EDT)
BofA/Merrill Lynch initiates coverage on Carvana (NYSE: CVNA) with a Buy rating and a price objective of $25.00, following an update of the company's business.
Analyst Nat Schindler notes the company maintains significant growth upside... More
May 23, 2017 6:54 AM EDT
Citi initiates coverage on Carvana (NYSE: CVNA) with a Buy rating and a price target of $17.00.
Analyst Mark Kelley said unit and revenue growth opportunity is more than attainable if the company is able to continue the execution it achieved in its most... More
May 23, 2017 6:05 AM EDT
BMO Capital initiates coverage on Carvana (NYSE: CVNA) with a Outperform rating and a price target of $15.00.
Analyst Dan Salmon said the company's success in early markets shows that the used car industry is ready for eCommerce disruption.
Salmo said the company... More
May 23, 2017 5:59 AM EDT
Deutsche Bank initiates coverage on Carvana (NYSE: CVNA) with a Buy rating and a price target of $22, calling it a credible business model with compelling risk/reward.
Analyst Mike Levin notes the company is growing rapidly (~150% growth per year the next two years)... More
May 23, 2017 5:45 AM EDT
Wells Fargo initiates coverage on Carvana (NYSE: CVNA) with a Outperform rating and a price target of $19.00.
Analyst Richard Kwas has conviction in the company's growth model based: (1) most markets the company has entered are showing growth trajectories that are... More
May 22, 2017 7:48 AM EDT
Craig-Hallum initiates coverage on Carvana (NYSE: CVNA) with a Buy rating and a price target of $16.00.
For an analyst ratings summary and ratings history on Carvana click here. For more ratings news on Carvana click here.
Shares of Carvana closed at $11.40 yesterday.
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