Carvana Co. (CVNA) options active into quarter results and outlook
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Citi doubles price target on Carvana (CVNA) following 4Q
February 27, 2023 7:41 AM ESTCiti reiterated a Neutral rating on Carvana (NYSE: CVNA) and doubled their price target on the stock to $11.00 (From $5.50) after the company reported 4Q earnings results last week.
Carvana reported 4Q22 revenue 8% below consensus as retail unit sales declined 23% Y/Y and adj. EBITDA loss of $(291M) versus consensus of $(203M). Analyst, Ronald Josey wrote in a note... More
Carvana (CVNA) PT Lowered to $10 at Deutsche Bank, 'Still in early stage of path to profitability'
February 24, 2023 6:16 AM ESTDeutsche 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
