Carvana Announces Agreement With Noteholders That Will Provide The Company Significant Flexibility as It Continues to Execute Its Profitability and Growth Plan by Reducing Total Debt, Extending Matu

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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