Carvana gains after Piper Sandler upgrades to 'overweight'
Shares of online used-car retailer Carvana CVNA.N rise 2.6% to $180.67
Brokerage Piper Sandler upgrades stock to "overweight" from "neutral"; PT unchanged at $225
Says when it comes to tariff risk, CVNA has the least exposure in its coverage
Brokerage notes economic uncertainty affecting the new car market could lead to a decline in used car sales, as the new car market feeds the supply of used cars
"We think CVNA can grow aggressively, even if the used car market weakens" - brokerage
Up to last close, CVNA stock more than doubled in past 12 months
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
Precious Metals May Outlook: After U.S.-Iran Conflict Concerns Eased, Will Funds Flow Back to Gold and Silver?

Is SanDisk the Hidden Gem of the AI Boom in 2026? Discover the Potential Risks and Rewards.

Intel vs. TSM: Which Semiconductor Stock Looks Like the Better Investment?

What Is Intel, and Is Its Stock Still a Worthwhile Investment?

Amazon vs. Microsoft: Which Stock Is a Better Buy for 2026 and Beyond?

Tradingkey








