UBS Raises Price Target for Carvana Following Strong Q1 Performance
UBS upgraded its price target for Carvana (CVNA) to $520 from $485, maintaining a 'Buy' rating after the company reported better-than-expected EBITDA and retail gross profit per unit. The firm anticipates upward revisions in second-quarter forecasts due to improved operational efficiency.
Topics: Carvana Earnings Performance Stock Rating UBS