Barclays Highlights Carvana (CVNA) Momentum in Used Vehicle Market Despite Sluggish New Sales

Carvana Co. (NYSE:CVNA) is one of the best US stocks to buy and hold in 2026. On January 21, Barclays analyst John Babcock raised the firm’s price target on Carvana to $530 from $465 and kept an Overweight rating. As part of its Q4 outlook, the firm updated its targets for the auto retail sector, generally lowering estimates due to sluggish new vehicle sales. Despite these pressures on unit volume, recent industry checks point to strong continued momentum in the used vehicle market. Earlier on January 15, ...