Carvana price target raised to $175 from $150 at Wedbush

TipRanks10-08

Wedbush raised the firm’s price target on Carvana to $175 from $150 and keeps a Neutral rating on the shares. The firm sees limited risk to Carvana Q3 Other GPU, modest risk to Q4. Wedbush now ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2473363422?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/GEbGfKDlNyQIwFRP6pl5pA--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/a324531d6c2434960c8f527655fc132d","is_english":true,"pubTime":"2024-10-08 20:47","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2473363422","market":"us","top_or_hot":-1,"title":"Carvana price target raised to $175 from $150 at Wedbush","media":"TipRanks","content":"<div>\n<p>Wedbush raised the firm’s price target on Carvana to $175 from $150 and keeps a Neutral rating on the shares. The firm sees limited risk to Carvana Q3 Other GPU, modest risk to Q4. Wedbush now ...</p>\n\n<a href=\"https://finance.yahoo.com/news/carvana-price-target-raised-175-124744826.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Carvana price target raised to $175 from $150 at Wedbush</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarvana price target raised to $175 from $150 at Wedbush\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-08 20:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/carvana-price-target-raised-175-124744826.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wedbush raised the firm’s price target on Carvana to $175 from $150 and keeps a Neutral rating on the shares. The firm sees limited risk to Carvana Q3 Other GPU, modest risk to Q4. Wedbush now ...</p>\n\n<a href=\"https://finance.yahoo.com/news/carvana-price-target-raised-175-124744826.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CVNA","symbol_name":"Carvana Co.","start_time":0,"source_url":"https://finance.yahoo.com/news/carvana-price-target-raised-175-124744826.html","article_id":"2473363422","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/GEbGfKDlNyQIwFRP6pl5pA--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/a324531d6c2434960c8f527655fc132d"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/carvana-price-target-raised-175-124744826.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2473363422","pubTimestamp":1728391664,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Wedbush raised the firm’s price target on Carvana to $175 from $150 and keeps a Neutral rating on the shares. The firm sees limited risk to Carvana Q3 Other GPU, modest risk to Q4. Wedbush now forecasts Q3 unit sales of 108,100 vs. its prior 105,300 and consensus of 106k. Its view is based on rising carvana.com website traffic data and better conversion of traffic due to increased inventory levels, lower ASPs and incrementally lower loan APRs that are improving affordability. The firm views the three-day port strike as a non-event, while Hurricane Helene likely clipped sales in the Southeast at the end of the quarter, pushing these sales to October.Carvana removed from ‘Tactical Outperform’ list at Evercore ISI. Intel lands AWS deal, prepares for possible factory split: Morning Buzz","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CVNA":"Carvana Co."},"translate_title":"Wedbush将Carvana目标价从150美元上调至175美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CVNA":1},"content_text":"Wedbush raised the firm’s price target on Carvana to $175 from $150 and keeps a Neutral rating on the shares. The firm sees limited risk to Carvana Q3 Other GPU, modest risk to Q4. Wedbush now forecasts Q3 unit sales of 108,100 vs. its prior 105,300 and consensus of 106k. Its view is based on rising carvana.com website traffic data and better conversion of traffic due to increased inventory levels, lower ASPs and incrementally lower loan APRs that are improving affordability. The firm views the three-day port strike as a non-event, while Hurricane Helene likely clipped sales in the Southeast at the end of the quarter, pushing these sales to October.\n\nPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>\n\n\nSee Insiders’ Hot Stocks on TipRanks >> \n\n\nRead More on CVNA:\n\nCarvana price target raised to $195 from $125 at Citi\nCarvana expands same day delivery to Kansas City\nCarvana removed from ‘Tactical Outperform’ list at Evercore ISI\nCarvana exec sells $5.25M in common stock\nIntel lands AWS deal, prepares for possible factory split: Morning Buzz","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.0","shortVersion":"4.29.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2473363422"}