Carvana (CVNA) August weekly option implied volatility elevated into quarter results

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Carvana (CVNA) PT Raised to $110 at Morgan Stanley

August 1, 2024 6:51 AM EDT

Morgan Stanley analyst Adam Jonas raised the price target on Carvana (NYSE: CVNA) to $110.00 (from $75.00) while maintaining a Underweight rating.

The analyst comments "CVNA deserves a ton of credit for righting the ship and demonstrating strong operating leverage as the company... More

Carvana (CVNA) PT Raised to $170 at RBC Capital

August 1, 2024 6:22 AM EDT

RBC Capital analyst Brad Erickson raised the price target on Carvana (NYSE: CVNA) to $170.00 (from $130.00) while maintaining a Sector Perform rating.

The analyst comments "As previewed, CVNA delivered another sterling quarter. The company continues to exceed expectations as per unit profitability... More

Carvana (CVNA) PT Raised to $185 at JPMorgan

August 1, 2024 5:14 AM EDT

JPMorgan analyst Rajat Gupta raised the price target on Carvana (NYSE: CVNA) to $185.00 (from $155.00) while maintaining a Overweight rating.

The analyst comments "In terms of setup for shares from here, based on our updated estimates, shares are trading at ~17x... More