Boeing, Adobe and Carvana fall premarket; Beyond Meat and Block rise
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- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
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- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
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
Beyond Meat (BYND) Extends Gain, Up 20%
February 24, 2023 9:40 AM ESTBeyond Meat (NASDAQ: BYND) Extends Gain, Up 20%
... More