Carvana Shifts Into High Gear After Q2 Beat, Analysts Boost Price Targets

Carvana Co CVNA shares rallied in early trading on Thursday, after the company reported on Wednesday positive second-quarter earnings. CVNA shares are getting near their 52-week high. Check the latest price here. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Carvana Analyst Michael McGovern maintained a Buy rating, while lifting the price target from $375 to $425. Carvana reported revenues of $4.84 billion and EBITDA of $601 million, beating ...