Form 8-K CARVANA CO. For: Feb 23

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Go back to Form 8-K CARVANA CO. For: Feb 23

JPMorgan Removes Carvana (CVNA) Price Target as 'Liquidity Bandwidth Thinning'

February 24, 2023 8:01 AM EST

JPMorgan analyst Rajat Gupta reiterated a Neutral rating and removed its price target on Carvana (NYSE: CVNA), saying the "liquidity bandwidth" is thinning.

"We are removing our PT on CVNA after another reduction in estimates with our implied EV for the company... More

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

Carvana Co. (CVNA) Misses Q4 EPS by $5.49

February 23, 2023 4:14 PM EST

Carvana Co. (NYSE: CVNA) reported Q4 EPS of ($7.61), $5.49 worse than the analyst estimate of ($2.12). Revenue for the quarter came in at $2.84 billion versus the consensus estimate of $3.07 billion.

For earnings history and earnings-related data on Carvana Co. (CVNA) click here.

... More