Carvana Shares Jump 15.43% to $68.16 After Earnings
Carvana shares rose about 15.43% to $68.16 at noon ET on October 29. Needham kept its Buy rating but cut its price target to $100 from $120.
Carvana NYSE:CVNA rallied after earnings, even as broker targets moved lower. Shares climbed about 15.43% to $68.16 at 12 pm. ET on October 29. Needham kept its Buy rating but reduced its target to $100 from $120, leaving investors with a strong quarter and a lower valuation benchmark to weigh.The…