Carvana Acquires Carlypso

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Go back to Carvana Acquires Carlypso

Carvana (CVNA) PT Lowered to $22 at Baird Following 2Q

August 9, 2017 7:25 AM EDT

Baird lowered its price target on Carvana (NYSE: CVNA) to $22.00 (from $23.00) while maintaining a Outperform rating following the company's 2Q. Total revenues increased 142% Y/Y to $209M, and exceeded consensus of $199M. 2Q17 retail unit sales of 10,682, increased 145% Y/Y, accelerating from 120%... More