Carvana to Present at Upcoming Investor Conferences
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UPDATE: BofA/Merrill Lynch Starts Carvana (CVNA) at Buy, $25 PO; 'Strong Growth Potential'
May 23, 2017 7:39 AM EDT(Updated - May 23, 2017 9:12 AM EDT)
BofA/Merrill Lynch initiates coverage on Carvana (NYSE: CVNA) with a Buy rating and a price objective of $25.00, following an update of the company's business.
Analyst Nat Schindler notes the company maintains significant growth upside... More
Citi Starts Carvana (CVNA) at Buy; Working Toward ~$3K Gross Profit Per Unit
May 23, 2017 6:54 AM EDTCiti initiates coverage on Carvana (NYSE: CVNA) with a Buy rating and a price target of $17.00.
Analyst Mark Kelley said unit and revenue growth opportunity is more than attainable if the company is able to continue the execution it achieved in its most... More
Baird Starts Carvana (CVNA) at Outperform; 'Amazon of Used Cars'
May 23, 2017 6:09 AM EDTBaird initiates coverage on Carvana (NYSE: CVNA) with a Outperform rating and a price target of $15.00, calling it the "Amazon of used cars."
Analyst Colin Sebastian notes despite the secular expansion of e-commerce, used car retailing remains largely the domain of bricks-and-mortar... More
Deutsche Bank Starts Carvana (CVNA) at Buy; Positive on Model and Risk/Reward
May 23, 2017 5:59 AM EDTDeutsche Bank initiates coverage on Carvana (NYSE: CVNA) with a Buy rating and a price target of $22, calling it a credible business model with compelling risk/reward.
Analyst Mike Levin notes the company is growing rapidly (~150% growth per year the next two years)... More
