Carvana Speeds Past Dealerships With Digital Model Carvana's Digital Model Speeds Past Dealerships - Carvana (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) is accelerating the move away from dealerships, powered by a digital, vertically integrated model as credit worries fade and demand remains resilient.Needham's Mackenzie Holleran reaffirmed a Buy on Carvana with a $500 target.She said Carvana leads the shift from traditional auto retail through a digital-first, data-driven, capital-efficient, vertically integrated model.That approach, she says, delivers a cleaner, more compelling buying experience than incumbents and should create me ...