Why Carvana (CVNA) Stock Is Up Today
Shares of online used car dealer Carvana (NYSE: CVNA) jumped 5% in the afternoon session after Jefferies reiterated a Buy rating and highlighted proprietary data showing September unit sales tracking roughly 40% above Wall Street expectations. According to StreetInsider, Jefferies analyst John Colantuoni maintained an $88 price target alongside the Buy reaffirmation. The firm’s findings showed unit sales volume holding up versus broader industry estimates through September. Investor sentiment in
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