Midday movers: Nvidia erases gain; Carvana and Block rise
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Go back to Midday movers: Nvidia erases gain; Carvana and Block rise
February 26, 2024 12:53 PM EST
Carvana (NYSE: CVNA) shares are up around 2% Monday despite Kerrisdale Capital releasing a note saying it is short the stock.
The short-selling firm labelled Carvana a "poorly capitalized, growth-challenged auto retailer."
Carvana shares surged 32% last week and is now valued at around... More
February 26, 2024 5:56 AM EST
Barclays analyst Dan Levy lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $12.00 (from $16.00) while maintaining a Equalweight rating.
The analyst comments "Key takes: 1. Demand weakness materializing amid softer order book, '24 volume guide reflects demand challenges; 2. Mgmt reaffirmed gross... More
February 23, 2024 9:21 AM EST
New Street Research analyst Pierre Ferragu raised the price target on NVIDIA (NASDAQ: NVDA) to $925.00 (from $535.00) while maintaining a Buy rating.
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