Carvana climbs; Argus starts with 'buy'
ReutersDec 15, 2025 1:58 PM
Online used-car retailer Carvana's CVNA.N shares rise 1.3% to $461.06 premarket
Argus Research starts with "buy" rating
Brokerage sets PT at $500, implying an upside of 9.7% to stock's last close
Brokerage says co "has competitive advantages over traditional dealerships in vehicle selection, price, quality and user experience"
Average rating of 27 analysts is "buy," their median PT is $450 - data compiled by LSEG
Up to last close, stock has more than doubled this year
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