Form 10-K CARVANA CO. For: Dec 31
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JPMorgan Removes Carvana (CVNA) Price Target as 'Liquidity Bandwidth Thinning'
February 24, 2023 8:01 AM ESTJPMorgan 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 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
