After-hours movers: Carvana falls after pushing up EPS report, Constellation Brands gains on Elliott agreement

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Go back to After-hours movers: Carvana falls after pushing up EPS report, Constellation Brands gains on Elliott agreement

Carvana (CVNA) PT Raised to $55 at Deutsche Bank, 'we believe management is taking the appropriate measures'

July 20, 2023 6:25 AM EDT

Deutsche Bank analyst Emmanuel Rosner raised the price target on Carvana (NYSE: CVNA) to $55.00 (from $11.00) while maintaining a Hold rating.

The analyst comments "Looking ahead, management is guiding for retail units to remain roughly flat QoQ enabling yet another Ebitda positive quarter in 3Q, with the... More

Carvana (CVNA) PT Raised to $60 at DA Davidson

July 19, 2023 2:10 PM EDT

DA Davidson analyst Michael Baker raised the price target on Carvana (NYSE: CVNA) to $60.00 (from $18.00) while maintaining a Neutral rating.

The analyst comments "CVNA has completed Step 1 of their turnaround and is well on their way to completing Step 2.... More

Carvana (CVNA) 'continues to right-size operations' - Deutsche Bank

July 19, 2023 10:50 AM EDT

Reacting to Carvana Co.'s (NYSE: CVNA) earnings release, Deutsche Bank analyst Emmanuel Rosner said the company's results were "very strong" even compared to its pre-announcement at the beginning of June.

Carvana "continues to right-size operations to bridge toward sustainably positive... More