Wall Street Turns Bullish on Carvana — Is This the Dip Investors Shouldn’t Ignore?
In a fresh bullish call on Carvana (CVNA), Wedbush Securities is telling investors to “take advantage” of the recent pullback. The firm upgraded CVNA from “Neutral” to “Outperform” and boosted its 12-month price target to $400. Analyst Scott Devitt says the latest selloff—sparked by soft CarMax (KMX) earnings and broad credit-market worries—has pushed Carvana’s valuation … Read more