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Why Carvana's Stock Is Trading Higher Today

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Why Carvana's Stock Is Trading Higher Today

Carvana Co. (NYSE: 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.

Latest Ratings for CVNA

DateFirmActionFromTo
Oct 2020BairdMaintainsOverweight
Oct 2020Morgan StanleyUpgradesUnderweightEqual-Weight
Sep 2020Piper SandlerMaintainsOverweight

View More Analyst Ratings for CVNA
View the Latest Analyst Ratings

 

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