Carvana Supports Legislation To Protect Car Delivery

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Carvana (CVNA) PT Lowered to $10 at Deutsche Bank, 'Still in early stage of path to profitability'

February 24, 2023 6:16 AM EST

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Carvana (NYSE: CVNA) to $10.00 (from $16.00) while maintaining a Hold rating.

The analyst comments "Carvanas soft 4Q performance largely reflected the near-term challenges associated with the waning macro backdrop, with volumes declining again... More