Calls of the Day: Uber and Carvana

Group 1: Uber - Morgan Stanley cut the target price for Uber from $115 to $110, while Loop raised it from $110 to $115, indicating mixed analyst sentiment [1] - The stock is currently trading in a range between $80 and $100, with $80 identified as a critical support level [2] Group 2: Carvana - Carvana is being added to the S&P 500, with Bank of America raising its target price from $385 to $455 [3] - The company has experienced a significant turnaround, moving from discussions of debt defaults and potential bankruptcy in 2022 to inclusion in the S&P 500 [4] - Carvana's stock has appreciated by 43% since its purchase in late 2022, attributed to its profitability and market share growth [5][6] - The company is diversifying its relationships, reducing reliance on Ally, and is executing well despite macroeconomic challenges [6][7]