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Carvana (CVNA) PT Raised to $400 at Needham & Company
August 9, 2021 7:18 AM EDTNeedham & Company analyst Chris Pierce raised the price target on Carvana (NYSE: CVNA) to $400.00 (from $325.00) while maintaining a Buy rating.
The analyst commented, "Another installment of this franchise delivers. CVNA beat handily on 2Q revenues and EBITDA, while reporting their first... More
Expedia (EXPE) PT Lowered to $170 at Susquehanna
August 9, 2021 6:17 AM EDTSusquehanna analyst Shyam Patil lowered the price target on Expedia (NASDAQ: EXPE) to $170.00 (from $185.00) while maintaining a Neutral rating.
The analyst commented, "As weve seen with BKNG and TRVG, travel demand recovered materially throughout 2Q, but the Delta variant is injecting some... More
Monster Beverage (MNST) Added to BofA US 1 List
August 9, 2021 5:24 AM EDTMonster Beverage (NASDAQ: MNST) Added to BofA US 1 List
... MoreSynaptics (SYNA) PT Raised to $180 at Susquehanna
August 6, 2021 8:07 AM EDTSusquehanna analyst Christopher Rolland raised the price target on Synaptics (NASDAQ: SYNA) to $180.00 (from $155.00) while maintaining a Positive rating.
The analyst commented, "Solid guidance as IoT shines. Margin stories playing out faster than expected. Limited supply appears to be the only downside."
... MoreMonster Beverage (MNST) PT Raised to $110 at BofA Securities
August 6, 2021 7:13 AM EDTBofA Securities analyst Peter Galbo raised the price target on Monster Beverage (NASDAQ: MNST) to $110.00 (from $105.00) while maintaining a Buy rating.
... MoreCarvana (CVNA) Delivers First Quarterly Profit to Smash Estimates, Shares Surge as Firms Hike PTs Following a 'Milestone Quarter'
August 6, 2021 6:57 AM EDTShares of Carvana (NYSE: CVNA) are trading 9% higher in pre-open Friday after the car company reported its first quarterly profit to surprise Wall Street analysts.
Carvana said it earned $0.26 per share, significantly better than a loss of $0.62 per share reported a year ago. Sales soared almost 200% to $3.3 billion. Analysts surveyed by FactSet were expecting a loss of $0.39 per share on sales of $2.46 billion.
This quarter marks the first time the company delivered a profit. Furthermore, it marks the first quarter with over 100,000 delivered cars.
This was a landmark quarter for Carvana. We... More
