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Carvana price target raised to $295 from $188 at BTIG
The Fly

Carvana price target raised to $295 from $188 at BTIG

BTIG raised the firm’s price target on Carvana (CVNA) to $295 from $188 and keeps a Buy rating on the shares. The firm cites the company’s Q3 results, with the “highlight” of the quarter being the total GPU – Gross Profit per Unit – of $7,685 vs. the Street estimate of $6,599, the analyst tells investors in a research note.

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