Nicholas Jones CFA, analyst at Citigroup, reiterates coverage on Carvana Co (CVNA) in the Consumer Goods sector with a Buy rating. TipRanks.com has Jones CFA rated as a 5 star analyst with a 32% return on investment and a 58% success rate. Jones CFA has set a price target of $405.00 .
TipRanks.com reports that CVNA currently has 17 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $392.00 . The target pricing ranges from a high forecast of $470.00 down to a low forecast of $306.00 .
CVNA’s last closing price was $350.66 which would put the average price target at 11.79% upside.
In addition, TradingView issued a Buy rating for CVNA over the next month.
Remember, securities are volatile, so please do your own research on CVNA.
Other analysts covering CVNA include:
- Chris Pierce of Needham issued a buy rate with the price target of $400 on August 7th
- Emmanuel Rosner of Deutsche Bank issued a hold with the price target of $320 on August 7th
- Ronald Josey of JMP Securites issued a buy rate with the price target of $470 on August 7th
If you are interest in stocks like CVNA or stocks in the Consumer Goods sector, please click here.
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