Carvana (CVNA) Stock; Rises 2.4% as Vanguard Stake Spurs Investor Optimism
TLDRs; Carvana stock gained 2.4% after Vanguard disclosed an 11.86% ownership stake in the company. Jefferies maintains a Buy rating and $550 price target, citing strong December sales data. Retail unit growth and investor flows drive optimism as Carvana navigates high financing costs. Upcoming February earnings will be closely watched for margins, unit growth, and …
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