Carvana Stock Rises as Bullish JPMorgan Analysts Predict an Earnings Beat

Key Takeaways The shares, recently up about 3%, have risen roughly 150% this year and sit just a bit below year-to-date highs. The analysts lifted their price target to $155 from $150 and reiterated an "overweight" rating on the stock. Their target is substantially above the consensus of analysts tracked by Visible Alpha, which is near $118. Carvana (CVNA) shares rose Friday following a prediction of an earnings beat from JPMorgan analysts, who lifted their price target on the online car seller's shares for ...