RBC Capital Lowers Price Target for Carvana Co.
On June 12, RBC Capital cut its price target for Carvana (CVNA) to $85 from $92 while maintaining an Outperform rating. The firm cited concerns over aggressive market share gain expectations in Street estimates for FY26 and FY27 compared to prior years.
Tickers: $CVNA
Topics: Carvana CVNA price target RBC Capital