Carvana Co. (NYSE: CVNA) Maintains "Buy" Rating from Bank of America Securities

Bank of America Securities reaffirms its "Buy" rating for Carvana Co. (NYSE: CVNA), with a price target of $400, suggesting a potential upside of approximately 33.5%.Carvana's gross profit per unit (GPU) and cost leverage improvements are key factors driving the positive outlook.The company's vertically integrated model and operational efficiencies are expected to bolster its position as the leading independent used-car dealer in the U.S.Carvana Co. (NYSE: CVNA) is a prominent player in the online used car ...