Carvana (US:CVNA) Yahoo Finance·2025-10-31 17:07Group 1: Investment Insights - Man GLG holds $121.39 million worth of Carvana Co. (NYSE:CVNA) stock, representing 0.23% of its 13-F portfolio, and it is included in the firm's list of 10 stock picks with the highest upside potential [1] - JPMorgan increased its price target on Carvana Co. from $425 to $490 while maintaining an "Overweight" rating [2] - Ahead of Carvana's upcoming Q3 earnings release on October 29, the investment firm added the stock to its "Positive Catalyst Watch," anticipating another earnings beat and raised guidance [3] Group 2: Company Developments - Carvana announced the expansion of its same-day vehicle delivery service to the greater San Diego area, following recent expansions in Salt Lake City, San Francisco, and Seattle [4] - Carvana operates an e-commerce platform that facilitates the buying and selling of used cars in the U.S. [4] Group 3: Market Position - JPMorgan noted that Carvana's operational strength has provided it with a competitive edge in the industry and dismissed concerns over consumer and auto credit as overstated [3]