Carvana Co. (CVNA) option implied volatility amid wide price movement

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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