Carvana stock jumps on positive outlook from BTIG team

37,252 次觀看・4 個月前

Shares of Carvana (CVNA) are rising as BTIG initiates coverage of the stock with a Buy rating and a $155 price target. The firm cites potential further upside ahead for the used car-buying platform.

Yahoo Finance autos reporter Pras Subramanian joins Madison Mills and Seana Smith on Catalysts to break down the BTIG analyst call on Carvana and the conditions in the American used auto market.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Nicholas Jacobino