Profitable growth ahead for Carvana (CVNA) - Needham & Company

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Go back to Profitable growth ahead for Carvana (CVNA) - Needham & Company

Midday movers: AMD, Carvana rise; MasterCard, Intuit fall

July 10, 2024 8:12 AM EDT

(Updated - July 10, 2024 11:36 AM EDT)

Investing.com -- U.S. stock futures largely edged higher Wednesday, with the second round of comments from Fed chief Jerome Powell to Congress underway.

Here are some of the biggest U.S. stock movers today:

Microsoft (NASDAQ: MSFT) stock rose 0.3% following a report that the software giant was ready to give up an observation seat on the board of OpenAI amid regulatory scrutiny into generative artificial intelligence in both the U.S. and... More

Needham Upgrades Carvana (CVNA) to Buy

July 10, 2024 6:11 AM EDT

(Updated - July 10, 2024 6:47 AM EDT)

Needham analyst Chris Pierce upgraded Carvana (NYSE: CVNA) from Hold to Buy with a price target of $160.00.

The analyst commented: "We upgrade our rating on CVNA to a Buy and assign it a $160 price... More