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Carvana Co. CVNA shares are trading higher after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target from $178 to $205.
Carvana said it expects a record performance in the third quarter.
Carvana is an e-commerce platform for buying and selling used cars.
Carvana shares were trading higher by 20.83% at $210 on Tuesday at the time of publication. The stock has a 52-week high of $235 and a 52-week low of $22.16.
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