Carvana (CVNA) PT Raised to $50 at JMP Securities

Go back to Carvana (CVNA) PT Raised to $50 at JMP Securities

Carvana (CVNA) 'heading in the right direction' - JMP Securities

July 12, 2023 1:20 PM EDT

The Carvana Co. (NYSE: CVNA) price target was doubled to $50 from $25 per share at JMP Securities on Wednesday, with analyst Nicholas Jones maintaining a Market Outperform rating on the stock.

Jones said the firm still likes Carvana despite unit pricing volatility driving uncertain... More